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Needle Still Points North

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Bearish Correction Still In Play

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Atlanta Fed reports the "initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2021 is 6.1 percent on July 30. The initial estimate of second-quarter real GDP growth released by the U.S. Bureau of Economic Analysis on July 29 was 6.5 percent, 0.1 percentage point above the final GDPNow model nowcast released on July 28."


Atlanta Fed