[BostonCard]

First quarter GDP comes out next week (April 29th to be exact).  It will reflect the slowdown in March, and it will be bad.
Buckle up, though, for the second quarter GDP when it comes out in late July.  Estimates range from -25% from JP Morgan to -38% by Morgan Stanley.  If you want to feel a bit better, remember that these estimates are annualized.  Then again, the GDP drop in the midst of the financial crisis was -2.54%


BC

[BostonCard]

First quarter GDP comes out next week (April 29th to be exact).  It will reflect the slowdown in March, and it will be bad.
Buckle up, though, for the second quarter GDP when it comes out in late July.  Estimates range from -25% from JP Morgan to -38% by Morgan Stanley.  If you want to feel a bit better, remember that these estimates are annualized.  Then again, the GDP drop in the midst of the financial crisis was -2.54%


BC