The Kobeissi Letter|Jun 02, 2025 17:12
US GDP growth estimates are back on the rise:
As trade deals are being reached and tariffs are being delayed, Q2 GDP growth is now seen at +2.8%.
On May 1st, Q2 GDP growth of just +0.4% was expected, per @Kalshi.
Meanwhile, the Atlanta Fed's GDPNow forecast for real GDP growth in Q2 was just revised up to +4.6%.
Can the US avoid a recession here?
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