BREAKING: BIDEN ECONOMY Officially in Recession – Key Fed GDP Tracker Turns Negative
by Joe Hoft, The Gateway Pundit:
A key Fed Indicator just turned negative indicating what TGP has warned about for months. The US in officially in a recession.
TGP has for months warned that the Biden economy is facing a recession. Now it has finally landed.
TRUTH LIVES on at https://sgtreport.tv/
This became a reality today. A Fed model now shows the GDP forecast is negative.
On June 30, the #GDPNow model nowcast of real GDP growth in Q22022 is -1.0%. https://t.co/T7FoDdgYos #ATLFedResearch
Download our EconomyNow app or go to our website for the latest GDPNow nowcast. https://t.co/NOSwMl7Jms pic.twitter.com/t87bBJGRsv— Atlanta Fed (@AtlantaFed) June 30, 2022
Zerohedge confirms the bad but not surprising news.
ATLANTA FED GDPNOW -1.0%
Recession
— zerohedge (@zerohedge) June 30, 2022
There are some squirrelly actions in the works as well.
Read More @ TheGatewayPundit.com
