😬
Reposted from
Carl Quintanilla
JPMORGAN becomes the first big desk to cut #GDP forecasts for the year.
“.. we are increasingly concerned about the uncertainty shock to business investment .. and have started to recalibrate our forecasts in response .. we’ve lowered our 1Q GDP forecast from 1.5%ar to 1%ar.” 🇺🇸
“.. we are increasingly concerned about the uncertainty shock to business investment .. and have started to recalibrate our forecasts in response .. we’ve lowered our 1Q GDP forecast from 1.5%ar to 1%ar.” 🇺🇸
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