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| 5/17 |
| 2006/10/26-29 [Politics/Domestic] UID:44994 Activity:nil |
10/26 Govt report on Q3 U.S. GDP due before market opens Friday morning
Analyst consensus is 2.6%
Analyst consensus of all major banks is 2.0% or lower
White House Natl Economic Council head predicts between 1 - 2%
Council of Economic Advisors to the President signals below 2%
Finally, wishful thinking of a Q4 bounce
\_ It's time to short GDP!
\_ The trick is to figure out how much the market has factored in
2.6% vs. <= 2.0%, and election hijinks prior to tomorrow morning. |
| 5/17 |
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