Browse by Tags

Forecasts & Trends

Blog Subscription Form

  • Email Notifications
    Go

Archives

  • GDP Stunner: 2Q Growth Was Less Than Half of Forecast

    The Commerce Department reported last Friday that gross domestic product, the broadest measure of goods and services produced across the US, rose only 1.2% (annual rate) in the second quarter. That was less than half the pre-report consensus of 2.6%. This was one of the largest misses by forecasters in quite some time. I'll break down the report as we go along today. I will also discuss what the Fed's reaction to the disappointing GDP report is likely to be.

    At the end of today's letter, I will give you a link to a WALL STREET JOURNAL article on Sunday which claims that while Secretary of State, Hillary Clinton compromised national security by urging US technology companies to fund Russian research for military purposes. Assuming it’s true as the Journal claims, it will easily be the most serious scandal ever for Ms. Clinton. And it couldn't come at a better time!

    ...
    Filed under: , ,