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April 6, 2019 | GDPNow vs Nowcast vs Blue Chip Forecast

Mike 'Mish' Shedlock

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
GDPNow’s initial estimate was the lowest anywhere. Now It’s at the top of the heap.

GDPNow vs Blue Chip

The GDPNow forecast started at 0.3% it has steadily risen to 2.1%. The Blue Chip Forecast went the other way.

GDPNow vs Nowcast

Nowcast did its usual flatline over most of the same timeline while GDP has done a steady climb starting March 12.

Mike “Mish” Shedlock

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April 6th, 2019

Posted In: Mish Talk

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