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Strategies & Market Trends : General market lab and commentary
SPY 683.47+0.6%Nov 28 4:00 PM EST

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To: A.J. Mullen who wrote (94)2/2/2016 7:16:18 PM
From: Robohogs   of 668
 
GDP growth in real terms is 2% give or take. 20% of that is .4% give or take. I am not being mathematically pure, jusy throwing out round estimate. It is to point out that current numbers reflect many of the issues.

The freakout on oil is nuts. Lower oil is good for growth. It does hurt certain mfg activities but consumers get $$$$. Worry is that it means demand is weak EXCEPT US GDP growth is being driven by consumer demand and even then is weaker than it could be with increased savings.

Jon
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