According to The Kobeissi Letter, the University of Michigan's long-term US inflation expectations surged to 4.1%, marking the highest level since 1993. This significant rise in inflation expectations traditionally impacts market behaviors, but recent GDPNow data has altered these dynamics. The implications for traders involve reassessing strategies in light of shifting economic indicators and potential volatility in financial markets. (Source: The Kobeissi Letter)

According to The Kobeissi Letter, the Atlanta Fed's GDPNow estimate for Q1 2025 GDP has been adjusted to -0.5% when excluding gold imports and exports. The inclusion of gold shifts the estimate from +3.9% to -2.8% within three months, indicating significant volatility in gold trading impacting GDP forecasts. This adjustment highlights the critical role of gold in economic performance metrics and could influence trading strategies focused on commodities and currency markets.

According to The Kobeissi Letter, the Atlanta Fed's GDPNow estimate for Q1 2025 GDP has been revised down to -0.5%, excluding gold imports and exports. This adjustment is significant for traders as the inclusion of gold changed the estimate from +3.9% to -2.8% over three months, indicating substantial volatility in GDP calculations when factoring commodity flows. This revision could impact investment decisions, particularly in sectors sensitive to economic growth projections (source: The Kobeissi Letter).

According to The Kobeissi Letter, the Atlanta Fed's GDPNow estimate, adjusted for gold, has decreased significantly from +3.9% to +0.2%. Despite the 'gold adjustment' that raises forecasts from -1.8% to +0.2%, the overall US GDP growth expectations have sharply declined. This suggests potential negative impacts on the market, as lower GDP growth can indicate weaker economic conditions.

According to The Kobeissi Letter, the Atlanta Fed's gold-adjusted GDPNow estimate has drastically decreased from +3.9% to +0.2%. Despite adjustments for gold imports, which shift GDP forecasts from -1.8% to +0.2%, the underlying US GDP growth expectations have significantly declined. This indicates potential economic downturns that traders should be aware of when considering market positions.