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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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From: ggersh8/30/2017 9:50:28 AM
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GDP.....a meaningless indicator

US Second Quarter GDP Revised Sharply Higher To 3.0%, Best In Two Years

In a surprise for traders - and the Fed - moments ago the BEA reported that after its first revision of Q2 GDP (a quarter which ended two months ago), the initial estimate of 2.6% was revised to 3.0%, beating expectations of a 2.7% print, and the highest annualized growth rate since Q1 2015. The annualized Q2 GDP was more than double the first quarter number which as a reminder printed at 1.2%

AUG 30, 2017 8:45 AM 29
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