Market Weekly: Aug 07-Aug-11-2017


Goldman After NFP:

– We increased our tracking estimate for Q3 GDP by one tenth to 2.6% (qoq ar)
– We left our Fed probabilities unchanged, with subjective odds for the timing of the next rate hike at 5% for September, 5% for November, and 50% for December, for a 60% cumulative probability of at least three hikes this year