The May Wall Street Journal Economic Forecast Survey focuses on the economic problems in Europe and the odds of The Federal Reserve increasing interest rates.
As seen in the detail of this survey, the current average forecasts for December 31, 2010 among economists polled include the following:
Ten-Year Treasury Yield: 4.16%
GDP (full year 2010) : 3.2%
GDP (full year 2011) : 3.1%
Of note, with the exception of the Crude forecast, the above categories have not seen much change in average expectations for up to a year.
I post various economic forecasts because I believe they should be carefully monitored. However, as those familiar with this blog are aware, I do not agree with the many of the consensus estimates and much of the commentary in these forecast surveys.
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SPX at 1135.68 as this post is written