BLOOMBERG Bloomberg Markets Balance Of Power July 13, 2024
Which also implies gdp will not be as bad and the final quarter of the year. David what you project for the Fourth Quarter . That is the critical question. Tracking estimates suggest that growth will fall below 1 . We do not think so. We think growth will be in the vicinity of 1. 7 , which will be just enough to keep the projections at 2. 2 for the year as a whole. David the direction is clearly down. Absolutely. The direction is showing deceleration in the main engine of Economic Activity in Consumer Spending. David thank you so much for being with us. She is senior u. S. Economist with bloom...