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JPM economist Daniel Silver said......>

US DATA REACT
US DATA REACT: JPM economist Daniel Silver said JPM was "raising our forecast
for 3Q real GDP growth from 1.75% to 2.25% saar. We boosted our outlook for 3Q
consumption somewhat following this morning's retail sales report, and we had
already been noting upside risk to our GDP forecast in recent weeks that was
unrelated to this morning's surprise." 
- He noted that "while the 3Q data have been coming in firmer than we had
expected lately, we are not extrapolating this strength into future quarters,
and we still look for growth around 1.75% saar in 4Q17 and throughout next
year."

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