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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (1547)	8/28/2014 5:00:23 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26477

Average GDP growth is still very weak. The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today: Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 4.2 percent in the second quarter of 2014, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent. The full text of the release on BEA's Web site can be found at www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm Average of Q1 and Q2 is only 1.05% GDP growth. Without QE and artificially low rates, we'd be in another recession.