Time for a breaK? What I am doing before elections.

October 27th, 2024 - Update

MACRO

Let’s start with the macroeconomic outlook.

The latest GDN Nowcast for Q3 2024 from the New York Federal Reserve is 2.91%, down from 3.1% a couple of weeks ago. It amazes me how quickly these models change, especially considering that Q3 is already behind us.