CHART OF THE DAY: US Real GDP YoY Projections
Below is a chart and brief excerpt from today's Early Look written by Hedgeye CEO Keith McCullough.
Since REAL GROWTH #slowed during #Quad3 in Q3 (our nowcast is currently at +5.88% year-over-year growth, down from the Cycle Peak of +12.18% during #Quad2 in Q2) and INFLATION #accelerated (our nowcast is currently at 4.95% year-over-year = new Cycle Highs).
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