Second-Quarter GDP Will Likely Be Robust, but It May Disappoint. What to Watch.

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Second-Quarter GDP Will Likely Be Robust, but It May Disappoint. What to Watch.

Barrons2021-07-29

When the first read on second quarter gross domestic product is reported Thursday morning, investors will see a healthy gain in output. But investors should brace for disappointment. Economists polled...

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Jazling
·2021-07-29
Wow
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1
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- Jazling:
  Ok
  2021-07-29
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Meshaarias72
·2021-07-29
Like n comment pls
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3
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- Jazling:
  Ok
  2021-07-29
  Reply
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KYHBKO
·2021-07-29
It is 6.5% before the forecast of 8.5%. Let's watch how the market react. Trade well all
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- KYHBKO:
  sometimes beating the forecast can lead to market to rally. sometimes, not beating the forecast does not lead to the market to fall. there are other factors and sentiments in place.
  2021-07-30
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- Meshaarias72:
  Y
  2021-07-29
  Reply
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生肉麵加豬油渣
·2021-07-29
What shld i do with "likely be robust but may disappoint"?
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2
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- LoneSurvivor:
  You can just 把它當放屁 ?
  2021-07-29
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- JustStonks:
  Hahahaha exactly thats what i was thinking too
  2021-07-29
  Reply
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MG87
·2021-07-29
❤️
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Like
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dine
·2021-07-29
Cool
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5
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- AT66:
  Like
  2021-07-29
  Reply
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Chengstacy
·2021-07-29
Cool
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2
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- 股你怕么:
  fiod
  2021-07-29
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- 4XKEYQ:
  Yeah
  2021-07-29
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- fearedhouse:
  yup
  2021-07-29
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Elon2
·2021-07-29
..
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6
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xoomix
·2021-07-29
Boom
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4
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Blinkfans
·2021-07-29
Daily like please
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Thomas9413
·2021-07-29
Cool
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- xoomix:
  Yes
  2021-07-29
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cheekychump
·2021-07-29
It's a close call.
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- Adollar:
  Great reAad
  2021-07-29
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- Thomas9413:
  Ok
  2021-07-29
  Reply
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PSFund
·2021-07-29
Wow
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But investors should brace for disappointment.\nEconomists polled...</p>\n\n<a href=\"https://www.barrons.com/articles/second-quarter-gdp-will-likely-be-robust-but-it-may-disappoint-what-to-watch-51627510263?mod=hp_LEAD_3\">Source Link</a>\n\n</div>\n","source":"lsy1601382232898","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Second-Quarter GDP Will Likely Be Robust, but It May Disappoint. 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What to Watch.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/second-quarter-gdp-will-likely-be-robust-but-it-may-disappoint-what-to-watch-51627510263?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When the first read on second quarter gross domestic product is reported Thursday morning, investors will see a healthy gain in output. But investors should brace for disappointment.\nEconomists polled...</p>\n\n<a href=\"https://www.barrons.com/articles/second-quarter-gdp-will-likely-be-robust-but-it-may-disappoint-what-to-watch-51627510263?mod=hp_LEAD_3\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.barrons.com/articles/second-quarter-gdp-will-likely-be-robust-but-it-may-disappoint-what-to-watch-51627510263?mod=hp_LEAD_3","article_id":"1166973685","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1166973685","pubTimestamp":1627552847,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"When the first read on second quarter gross domestic product is reported Thursday morning, investors","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"translate_title":"第二季度GDP可能会强劲，但可能会令人失望。看什么。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"When the first read on second quarter gross domestic product is reported Thursday morning, investors will see a healthy gain in output. But investors should brace for disappointment.\nEconomists polled by FactSet expect the U.S. economy to have grown at a seasonally adjusted 8.5% annualized rate in the June quarter,up from a 6.4% rate in the March quarter. Investors can expect a surge in consumption (which makes up about two-thirds of GDP) as vaccinated consumers over recent months headed back out into a reopened economy. Economists also see a sizeable jump in business fixed investment during the quarter.\nWe note, though, that the Atlanta Fed on Wednesday cut its GDP Now estimate to 6.4% from 7.4% a day earlier after the U.S. Census released inventory data. Wholesale inventories rose 0.8% in June, down from a 1.3% pace in May and short of the 1.1% consensus estimate. That may foreshadow a GDP miss relative to expectations Thursday.\nEconomists at Goldman Sachs on Wednesday highlighted inventories’ import. “The combination of a surge in demand for goods and severe production bottlenecks has resulted in a sharp drawdown of inventories,” they say, adding that relative to the current level of demand for goods and structures, business inventories are 10% below pre-crisis norms—a $275 billion shortfall representing 1.5% of annual real (or inflation-adjusted) GDP.\n“With consumer demand for goods likely to moderate and the majority of the consumer services rebound behind us, inventory restocking has become a key element of the growth outlook,” Goldman says, making inventories particularly worth watching when GDP is released Thursday.\nIf second-quarter GDP does rise somewhere around 8%, as Wall Street expects, investors may see output rise above its pre-Covid level for the first time, says Ian Shepherdson, chief economist at Pantheon Macroeconomics. That would still leave GDP 2.25% below the level which would have been reached if the pre-Covid pace of growth had been sustained, he says, underpinning the Federal Reserve’s view that the economy still has ground to recover.\nCheck back after 8:30 a.m. Eastern time for news and analysis.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":808123055,"gmtCreate":1627565920277,"gmtModify":1703492481644,"author":{"id":"3566821013640470","authorId":"3566821013640470","name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808123055","repostId":1166973685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5369969,"gmtCreate":1627565931471,"gmtModify":1635164912651,"authorId":3566821013640470,"author":{"id":3566821013640470,"authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":808123055,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":808119379,"gmtCreate":1627564359291,"gmtModify":1703492439591,"author":{"id":"3577781617271173","authorId":"3577781617271173","name":"Meshaarias72","avatar":"https://static.tigerbbs.com/c5282cda6a9d3948fc067b21adcb578c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like n comment pls","listText":"Like n comment pls","text":"Like n comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/808119379","repostId":1166973685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5369971,"gmtCreate":1627565938534,"gmtModify":1663231674954,"authorId":3566821013640470,"author":{"id":3566821013640470,"authorId":3566821013640470,"name":"Jazling","avatar":"https://static.tigerbbs.com/85e0a83573d9307f57fca9b2baed72af","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.25","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":808119379,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":808106886,"gmtCreate":1627562354845,"gmtModify":1703492404633,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"It is 6.5% before the forecast of 8.5%. Let's watch how the market&nbsp;react. Trade well all","listText":"It is 6.5% before the forecast of 8.5%. Let's watch how the market&nbsp;react. Trade well all","text":"It is 6.5% before the forecast of 8.5%. Let's watch how the market react. Trade well all","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/808106886","repostId":1166973685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5378625,"gmtCreate":1627639156703,"gmtModify":1663231713941,"authorId":3574381076586256,"author":{"id":3574381076586256,"authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.06.18","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"},"individualDisplaySort":0,"categoryType":2007}]},"repliedAuthorId":0,"objectId":808106886,"type":1,"supId":5369721,"prevId":0,"content":"sometimes beating the forecast can lead to market to rally. sometimes, not beating the forecast does not lead to the market to fall. there are other factors and sentiments in place.","text":"sometimes beating the forecast can lead to market to rally. sometimes, not beating the forecast does not lead to the market to fall. there are other factors and sentiments in place.","html":"sometimes beating the forecast can lead to market to rally. sometimes, not beating the forecast does not lead to the market to fall. there are other factors and sentiments in place."},{"id":5369721,"gmtCreate":1627564367762,"gmtModify":1663231675837,"authorId":3577781617271173,"author":{"id":3577781617271173,"authorId":3577781617271173,"name":"Meshaarias72","avatar":"https://static.tigerbbs.com/c5282cda6a9d3948fc067b21adcb578c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":808106886,"type":1,"supId":0,"prevId":0,"content":"Y","text":"Y","html":"Y"}],"langContent":"EN"},{"id":808358165,"gmtCreate":1627560153857,"gmtModify":1703492359741,"author":{"id":"3559357742503712","authorId":"3559357742503712","name":"生肉麵加豬油渣","avatar":"https://static.tigerbbs.com/797772e5857b1091ed85d4b17fe6201b","vip":1,"crmLevel":6,"crmLevelSwitch":1},"htmlText":"What shld i do with \"likely be robust but may disappoint\"?&nbsp;","listText":"What shld i do with \"likely be robust but may disappoint\"?&nbsp;","text":"What shld i do with \"likely be robust but may disappoint\"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/808358165","repostId":1166973685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5369153,"gmtCreate":1627560350167,"gmtModify":1663231670841,"authorId":3579266597292844,"author":{"id":3579266597292844,"authorId":3579266597292844,"name":"LoneSurvivor","avatar":"https://static.tigerbbs.com/a82eb7b56f99eff92f30a4ece3e5c96c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 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