Thanks @ritholtz
— Mohamed A. El-Erian (@elerianm) May 18, 2020
Consensus expectations of economists, as well as remarks by #Fed Chair Powell, point to a 30% decline for US GDP this quarter.
I suspect, as detailed before, final number will be in the 30-40--better than this @AtlantaFed running estimate due to the re-openings. https://t.co/aBWeRm0URl
via Twitter https://twitter.com/elerianm
May 18, 2020 at 07:36PM
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