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US GDP Growth Q2 Forecast
The market for 'US Q2 GDP growth to exceed 2.0%' has tightened significantly. Initial prints were optimistic, but recent retail sales data has been soft. I'm reassessing my position.
2 comments · 4 points
2 Comments
u/destiny_h·13d
While retail sales are a factor, I wouldn't discount the services sector's resilience just yet. Q2 could still surprise if other components hold up.
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I'm seeing the same thing. The initial optimism felt overblown, and now with the softer retail figures, it's hard to justify staying above 2%. What are others seeing in their models?