Slow Down! Atlanta Fed’s Q3 GDP Forecast Has Tanked To 2.3% (Down From 6.1% On July 30th)

by confoundedinterest17 Build back badly? The Atlanta Fed GDPNow model estimate for real Q# GDP growth (seasonally adjusted annual rate) is 2.3 percent on October 1, down from 3.2 percent on September 27. After recent releases from the US Bureau of Economic Analysis, the US Census Bureau, and the Institute for Supply Management, the nowcasts of third-quarter real personal consumption … Read more

Russia bans Scientology…

SOURCE — RT   Russia’s Justice Ministry has blacklisted two Church of Scientology entities, banning them from operating in the country. Moscow has taken numerous measures against the group, arguing that it’s a business masquerading as religion.   An updated list of “undesirable” organizations was released by the country’s Justice Ministry on Friday, just over a week after the … Read more

Supreme Court Feuding With Each Other

The Supreme Court has been a lightning rod of politics in recent times where Republicans and Democrats vie to fill seats to gain an advantage. And even as several Supreme Court Justices have said that the court is not political, some of what they have said in public has only added to that perception among … Read more