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Silver Report Uncut: Fed Suspends GDP Tracker After Cascade of Heavy GDP Downgrades


Silver Report Uncut Sep 4, 2021 Between today’s catastrophic jobs report, the near record plunge in consumer confidence, the troubling contraction in retail sales where reports have missed expectations for 3 months in a row, whether it is due to the end of stimulus payments or the recent restrictions from the crisis, one bank after another took a machete, or in the case of Morgan Stanley, a nuke to their GDP Q3 forecast, with Goldman now expecting GDP to grow just by 3.5% this quarter, its second downgrade in a month (it was 8.5% just one month ago) while Morgan…

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