Buy gold and silver with trusted industry leaders: https://bit.ly/OneGold-PreciousMetalsPatrick Higgins, Policy Adviser, Economist, and creator of the GDPNow model at the Federal Reserve Bank of Atlanta, explains the projection of 2.4% economic growth for Q2 2025 following negative Q1 performance, while discussing the methodological distinction between hard and soft economic data in forecasting accuracy. *This video was recorded on May 19, 2025.Use my promo codes to get a 10% discount on BTC Vegas (May 27-29), the world's biggest Bitcoin conference:BTC Vegas 2025: https://tickets.b.tc/event/bitcoin-2025?promoCodeTask=apply&promoCodeInput=DAVIDBitcoinAsia: https://tickets.b.tc/event/bitcoin-asia-2025?promoCodeTask=apply&promoCodeInput=DAVIDSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW PATRICK HIGGINS AND THE ATLANTA FED:X (@AtlantaFed): https://x.com/AtlantaFedGDPNow Forecast: https://www.atlantafed.org/cqer/research/gdpnowAtlanta Fed: https://www.atlantafed.org/FOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at [email protected]*This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates.0:00 - Intro.0:50 - GDP calculation3:10 - Unpacking Q14:59 - Bluechip consensus8:55 - Unpacking the GDPNow model14:32 - Uses and adjustments to the GDPNow17:25 - Powell’s speech and data21:29 - Inflation 23:09 - Employment26:29 - Changes in financial markets27:50 - Important variables for GDPNow#economy #stocks #investing