That looks bad - I can't recall a time when the GDP Now number trended so steadily, it normally just jumps around and then heads back towards the consensus. My interpretation: the past several month's economic data releases are much worse than expected, but nobody believes they'll stick. "Transitory..." 7/26/22
Not caught up on the Slope comments, but assume you all saw that Herr Yellen has been called in to hold a press conference on Thursday. Impromptu calling in of the Secretary to do sum `splainen about the GDP report means it has to be a doozy. 7/26/22