UBS On-Air: Paul Donovan Daily Audio 'Economists told you this would happen'




UBS On-Air show

Summary: US third quarter GDP was at the top end of the forecast range. French third quarter GDP beat the most optimistic forecast. German and Euro area third quarter GDP will be released. All of these numbers will be revised (a lot). The numbers will probably be revised higher too?statisticians have tended to be too pessimistic when guessing missing GDP components.