Charting Q1 GDP Pre And Post The 80% Downward Revision

Tyler Durden's picture

It's a good thing the BEA has two revisions to its GDP data or else someone would think that the government is purposefully fudging data. Below is a comparison between the Final Q1 GDP, which was released on June 24, and today's epic Q1 re-revision. From 1.9% to 0.4% in one easy Qe3 enabling step.