Goldman’s Take On Q2 GDP: Ongoing Inventory Accumulation Still A Correction Threat

By Zero Hedge on August 27th 2010

Sorry folks, nothing good to extrapolate based on the just released (and soon to be revised lower one final time) GDP data – from Jan Hatzius: “Implications for Q3 growth are probably slightly negative, though much depends on the monthly data to be released over the next few weeks, starting with Monday’s report on consumer spending . . . → Read More: Goldman’s Take On Q2 GDP: Ongoing Inventory Accumulation Still A Correction Threat

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Here Is What To Watch Out For Today In Addition To GDP (Consensus At 2.6%, Range 1.0%-4.0%)

By Zero Hedge on July 30th 2010

With everyone focusing on today’s GDP, it is easy to ignore the other relevant economic data to be released in the one and a half hour block before 10am. In order of appearance, they are: Q2 GDP,the employment cost index, the Chicago PMI, and the final UMichigan consumer sentiment. Below is a summary from a rather . . . → Read More: Here Is What To Watch Out For Today In Addition To GDP (Consensus At 2.6%, Range 1.0%-4.0%)

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