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Home>Opinions and Analysis>Fed vs. Fed: New York Fed to Issue Its Own GDP Nowcast; Atlanta Fed Too Pessimistic

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Fed vs. Fed: New York Fed to Issue Its Own GDP Nowcast; Atlanta Fed Too Pessimistic?

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Mish

Global Economic Analysis

Published : April 13th, 2016

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FOLLOW : Fed Georgia New York Fed Recession

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Category : Opinions and Analysis


	It’s Fed vs. Fed in the Nowcasting business. The New York Fed has decided to issue a FRBNY Nowcast, clearly in competition with the Atlanta Fed GDPNow forecast. The Atlanta Fed has the name GDPNow trademarked. The Atlanta Fed provides its updates following major economic reports. In contrast, the New York Fed will deliver its version every Friday starting April 15. We have a sneak peek of this Friday’s Fed vs. Fed battle already. FRBNY Nowcast GDPNow History The above from Sufficient Momentum (For a Recession). Current Scorecard Atlanta: 0.1 New York: 1.1 I commend the New York Fed for providing much needed entertainment value. Any other regions want to get in on the act? Mike “Mish” Shedlock

Source : mishtalk.com

Data and Statistics for these countries : Georgia | All

Gold and Silver Prices for these countries : Georgia | All

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Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com

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