The global economy seems trapped in a "death spiral" that could lead to further weakness in oil prices, recession and a serious equity bear market, Citi has warned.» Read More
CNBC's Rick Santelli has the latest unemployment and GDP numbers.
Liz Ann Sonders, Charles Schwab and Steve Sachs, Proshares, share their outlook on the economy, and weigh in on how today's GDP number will likely impact the markets.
John Lonski, chief economist at Moody's Capital Markets Research Group, expects the U.S. first quarter GDP to be revised down on Thursday and says the economy should "snap back" in the second quarter.
While the agriculture sector may have weighed on first-quarter growth, Cesar Purisima, Finance Secretary of the Philippines, says other sectors like mining are doing well.
Greg Gibbs, Senior Currency Strategist at RBS, expects weather-related distortions to weigh on first-quarter U.S. growth figures.
Mayuree Chowvikran, investment strategist at Maybabk KimEng Securities, says the worst is over for the Thai economy, as domestic consumption should pick up again in June.
Peter Attard Montalto, emerging market economist at Nomura International, discusses South Africa and says that the growth outlook for the medium-term is not particularly "rosy."
Jared Bernstein, Center on Budget and Policy Priorities, and Kevin Hassett, American Enterprise Institute, provide their thoughts on controversy over the data in Thomas Picketty's book, "Capital in the 21st Century."
Discussing the action in the bond market, with Jim Iuorio, TJM Institutional Services; CNBC's Bob Pisani; and Kenny Polcari, O'Neil Securities.
CNBC's Dominic Chu reports where investors can find yield.
CNBC's Steve Liesman provides insight to why bond yields are falling, including the long-term trend of lower rates.
Ben Willis, Princeton Securities, discusses overall market sentiment and explains how China GDP was one of the keys that ignited a "genteel" rotation out of high beta names.
CNBC's Bob Pisani looks at what's driving today's sell-off and explains if the market is experiencing modest economic growth or accelerated growth.
Izumi Devalier, Japan economist at HSBC, says a contraction of the Japan's second quarter GDP is "inevitable" but highlights that the fall back in spending was not as sharp as expected.
David Owen, chief European economist at Jefferies, says that recent European data, including GDP numbers, make it more likely that the ECB will act in June.
Azad Zangana, European economist at Schroders, says deflationary pressure is going to build in peripheral European countries, but Germany will see inflation rise.
John Vail, chief global strategist at Nikko Asset Management, says Japan showed strong first quarter growth, but GDP in the following quarter could be negative.
Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets, says business investment, not consumption, was the real upside surprise in Japan's first-quarter GDP.
Jim McCaughan, CEO of Principal Global Investors, says the lack of further monetary easing from the Bank of Japan, coupled with April's sales tax hike, will hurt Japanese growth.
Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, explains why Asian equity markets failed to take off after Japan's first-quarter growth data surpassed expectations.