from ZeroHedge: Two months ago, St Louis Fed president James Bullard triggered a market plunge when he predicted that unemployment may soar to 30% and GDP plunge by an unprecedented 50%, vastly eclipsing the collapse observed during the Great Depression. Sure enough, moments ago the Atlanta Fed’s closely followed GDPNow tracker confirmed this worst case scenario, when […]
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The post -51.2%! Atlanta Fed Now Expects Staggering Collapse In Q2 GDP appeared first on SGT Report.
More at SGT Report ...