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Posts Tagged ‘BEA economic models’

Wall Street Economist v. Rick Davis: Mano a Mano

Posted by Larry Doyle on July 1st, 2010 10:37 AM |

I love a good debate, or at the very least a healthy response to a challenging statement. I witnessed just such an exchange yesterday.

I shared my story, Rick Davis Nailed 1st Qtr 2010 GDP Report on November 30, 2009, with a noted Wall Street economist, with whom I am friendly and whom I hold in high regard. Recall that in the aformentioned story, I highlighted that Rick Davis of Consumer Metrics Institute is projecting a double dip recession with a 2nd Qtr 2010 GDP reading of -1.5% and a 3rd Qtr GDP reading of -2.0%.

In sharing that commentary with this well known economist, I received the following response: (more…)






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