Atlanta Fed’s Model Forecasts GDP to Contract by -2.1 Percent in Second Quarter; Morgan Stanley Says S&P 500 Could Drop Another 22 Percent If that Happens

Atlanta Fed’s Model Forecasts GDP to Contract by -2.1 Percent in Second Quarter; Morgan Stanley Says S&P 500 Could Drop Another 22 Percent If that Happens

by Pam Martens and Russ Martens, Wall St On Parade: The Department of Commerce’s Bureau of Economic Analysis (BEA) will release its advance estimate for U.S. Gross Domestic Product (GDP) for the second quarter of 2022 at 8:30 a.m. on July 28. All eyes on Wall Street will be glued to that number as a […]