Atlanta Fed GDPnow (Q4): 4.2% (prev. 5.4%)
The Atlanta Fed's latest GDPNow estimate for Q4 has been revised down from 5.4% to 4.2%.
US President Trump on shutdown, says hopefully won't have one; will work in a bipartisan way to avoid shutdown; Democrats don't want a shutdown either
US President Trump says getting along really well with Venezuelan leadership; major oil companies going to scout out locations
Atlanta Fed GDPnow (Q4): 4.2% (prev. 5.4%)
Starbucks (SBUX) sees near 40k locations outside US beyond FY28 and sees 15-20k new coffeehouses in China beyond FY28
Tesla (TSLA) says we will continue to support Model S & X programmes for as long as people own vehicles
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This reduction signals a potential slowdown in economic growth expectations, which could influence market sentiment and lead to adjustments in rate expectations by the Federal Reserve.
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