'First Quarter GDP May Be as low as !.2, but stocks don't seem to care'

[onenote]

12. Here's the link that the OP didn't provide. Prediction based on coronavirus impact

The posts in this thread are taking the prediction of 1.2% GDP growth in the first quarter (which isn't even half over yet), as being based on some market correction or crash that will continue through the year. In fact, if one bothered to look for and find the article on which the OP is based, one would see that the prediction flow from some analysts projection of the impact of the coronavirus and Boeing's problems and that the GDP will rebound by the second quarter:


"Concern about the coronavirus is weighing heavily on the outlook for first quarter growth and some forecasters suggest the equity market is not taking the threat as seriously as the bond market.

A CNBC survey of 11 forecasters over the weekend finds first quarter GDP estimates averaging just 1.2%, down nearly a point from the fourth quarter. Economists see a bounce back to 2% growth in the second quarter, depending on the severity of the virus both in China and in other countries."

https://www.cnbc.com/2020/02/10/first-quarter-us-gdp-may-be-as-low-as-1point2percent-because-of-coronavirus-but-stocks-dont-seem-to-care.html