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"Blue Chip" Optimism The Atlanta Fed initial GDPNow Forecast for first quarter 2016 starts off with an anemic 1.2% whimper. "The initial GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2016 is 1.2 percent on February 1. " First Quarter 2016 GDPNow Forecast The Atlanta Fed "Final" GDPNow Estimate for the 4th Quarter was posted on January 28
Continued here: Economists in Fantasyland: Economists See 20% Chance of Recession That’s at Least 20% Likely Already Here