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How do you guys factor in revised GDP numbers?
Still getting my head around how the market reacts to revised GDP figures versus the initial release; is it mostly priced in, or do subsequent revisions still cause significant moves, especially with the $USD?
1 comments · 13 points
Revisions usually don't cause huge moves unless the change is substantial and completely unexpected. The initial release is what institutional players key off of, and they've already priced that in. Small adjustments are mostly noise.