Good news and bad news: while we still project no recession in 2019, early signs point to US GDP growth a little lower than the midpoint of our end-of-2018 projections. At that time, we forecasted GDP growth to come in around 2.25% for 2018 Q4, tapering further to about 1.9% in 2019 Q2. 2018 Q4 came in a bit lower, and we expect a repeat in 2019 Q1.

Our forecasts are mostly unchanged — we still see annualized quarterly growth falling under 2% soon — now we expect to drop more rapidly to 1.7% growth in 2019 Q2.

In broader terms, we foresee year over year growth in annual US GDP to fall to about 2.2%, far slower than booming 2018. In the context of the 21st century US Economy, 2.2% year-over-year growth doesn’t scare us just yet, but we will continue to monitor macroeconomic indicators into the year.

Big Data Federation, Inc. is an artificial intelligence-driven financial technology company which develops and applies innovative machine-learning technologies to big data to predict financial and economic fundamentals metrics.  We use these predictions to fuel our automated hedge fund.  We comprise a group of technologists, mathematicians, data scientists, economists, and programmers. The company was incorporated in 2015, is headquartered in Santa Clara, California and has a satellite engineering office in Europe.