Nowcast vs. GDPNow: Questioning the Absurdity of Nowcast’s Non-Volatility
July 20, 2018
Nowcast had no reaction to 35 of 35 economic data points since June 19. GDPNow rose 0.7 PP since July 6.
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Nowcast had no reaction to 35 of 35 economic data points since June 19. GDPNow rose 0.7 PP since July 6.