The GDP estimate of GDPNow crashed on February 28. Gold played a big Impact. GDPNow crashed from +2.3 percent to -1.5 percent, then continued to -2.8 percent on March 3. Gold played a role in the first decline but not the second.
The GDP estimate of GDPNow crashed on February 28. Gold played a big Impact. GDPNow crashed from +2.3 percent to -1.5 percent, then continued to -2.8 percent on March 3. Gold played a role in the first decline but not the second.