while we slept; 'speculators rushed to cover...'; a few observations from global Wall St
thebondbeat.substack.com
Good morning…While I may not have been ‘hard at work’ (here) this weekend, EPBs Eric Basmajian — our modern day Lacy Hunt — was. Chart of Interest: Growth Slowing Anyway You Cut It On Thursday, the Bureau of Economic Analysis released its first estimate of Q1 real GDP growth. The report showed that the US economy contracted at a 1.4% annualized rate in the first quarter, which immediately surfaced the idea that a recession was a genuine possibility.
while we slept; 'speculators rushed to cover...'; a few observations from global Wall St
while we slept; 'speculators rushed to…
while we slept; 'speculators rushed to cover...'; a few observations from global Wall St
Good morning…While I may not have been ‘hard at work’ (here) this weekend, EPBs Eric Basmajian — our modern day Lacy Hunt — was. Chart of Interest: Growth Slowing Anyway You Cut It On Thursday, the Bureau of Economic Analysis released its first estimate of Q1 real GDP growth. The report showed that the US economy contracted at a 1.4% annualized rate in the first quarter, which immediately surfaced the idea that a recession was a genuine possibility.