• Seth Golden posted an update 3 weeks, 6 days ago

    From Goldman Sachs today on Q1 GDP:
    We boosted our Q1 GDP forecast by two tenths to +2.6% (qoq ar) ahead of tomorrow’s advance release, reflecting the firm pace of durable inventory growth and the surprising rebound in commercial aircraft shipments in March.
    emphasis added
    Friday:
    • At 8:30 AM ET, Gross Domestic Product, 1st quarter 2019 (Advance estimate). The consensus is that real GDP increased 2.0% annualized in Q1, down from 2.2% in Q4.

    • At 10:00 AM, University of Michigan’s Consumer sentiment index (Final for April). The consensus is for a reading of 97.1.

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