2 replies to this topic

[redfoliage2]

If Thursday's GDP is not good will the Fed cut the rate right away? If the GDP is good will we get a rally?

Edited by redfoliage2, 28 August 2007 - 11:25 AM.

[relax]

GDP data is just a revised figure, so don't think its impact will be huge GDP will be revised up, so would not be expecting a "disappointment", but then again a figure too high would in theory lower the probability of a rate cut

[MaryAM]

DUHHHHHH. When new debt is taken on, it is added to GDP. When debt dies and goes to money heaven, ITS SUPPOSED TO BE SUBTRACTED FROM GDP.
Mary Ane

GDP data is just a revised figure, so don't think its impact will be huge

GDP will be revised up, so would not be expecting a "disappointment", but then again a figure too high would in theory lower the probability of a rate cut