On April 29, the GDPNow model nowcast of real GDP growth in Q1 2025 is -2.7%. 👇🏼 pic.twitter.com/VLdYkdKqYr
— Kalani o Māui (@MauiBoyMacro) April 29, 2025
"S&P500 still has plenty of room to fall if a recession is inevitable," per Bloomberg
— unusual_whales (@unusual_whales) April 29, 2025
Dallas Fed logistics respondent:
“Ocean container bookings have plummeted by 64 percent, which means 64 percent of our business has vanished overnight. Without incoming containers, there is nothing to reload, nothing to export and no way to keep our trucks moving.” #MacroEdge— MacroEdge (@MacroEdgeRes) April 29, 2025
Let's take this moment to reflect on what we've accomplished to date. pic.twitter.com/U0VXlXuosr
— Mac10 (@SuburbanDrone) April 29, 2025
GDPNow came in at -2.7% for Q1 2025 and analysts now falling over themselves to predict technical recession in Q1 2025.
Again – this is where it is important to really understand Macro.
The extraordinary import activity in Q1 2025 had a quantifiable impact on the GDPNow…
— Henrik Zeberg (@HenrikZeberg) April 29, 2025