Negative 1.9% GDP Growth: The Economy Is Already in Recession. The Fed Just Hasn’t Admitted It Yet.

Here’s a number worth sitting with: the Atlanta Federal Reserve’s GDPNow model, which is the closest thing we have to a real-time read on economic growth is currently tracking Q1 GDP at negative 1.9. Not slowing or stalling. Negative. By the traditional definition, one more quarter like this and we’re in a recession. By any []