Anyone expecting an upward revision to 3rd Q GDP? (IRA, stock, recession)

[howard555]

Initial reading on 3rd Q GDP was 2.0%.
According to the Bloomberg ecnomic calendar, the consensus for next Thursday's revision to GDP is 2.8%.

What has happened since the last read, to get it revised up at 2.8%?

Can the market handle a disappointment on that?
2.7% would be a statistical disappointment.
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As far as Apple, we now know it can fall to at least $505.00.
We know it can violently bounce off $505 to $570.

I'm hoping a miracle happens and Cramer gets his Apple 10-1 stock split.

[howard555]

Originally Posted by howard555

Initial reading on 3rd Q GDP was 2.0%.
According to the Bloomberg ecnomic calendar, the consensus for next Thursday's revision to GDP is 2.8%.

2.7% would be a statistical disappointment.
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It came in minutes ago at 2.7%.
Alot better than the initial 2.0%.
This points the economy away from recession.
Though the 4th Q GDP could be below 2.7%.
The Dow futures did not move when the 2.7% was released.