On Thursday at 8:30 a.m., perhaps one of the most important GDP figure in a long time will be released – the advanced estimate of second quarter GDP growth (or decline). The market expects annualized Q/Q growth of 2.3%, a healthy expansion from the -0.2% in the first quarter. Question – What will the Federal Reserve do, and how will markets respond, if second quarter GDP comes in negative, meaning an informal recession occurred in the first of 2015 (2 consecutive quarters of negative GDP growth)? (The recession would be informal because the entity responsible for making the unofficial formal…
This is an Amazing Expansion and Perhaps the Most Important GDP Figure in Years is Due Out Thursday
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.