The stall speed US economy and fireworks in Europe

Stalled outYou probably saw this but the Atlanta Fed came out with its first Q1 GDPNow estimate. And it's starting at a 0.3% level. Here's the chart.

GDPNow is a nowcast. So it can change dramatically. And it isn't always very close to the eventual GDP growth number. But, 0.3% is about as low as ...

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