Comment on GDP.

[jnhighland]

Economic growth slowed- Wall Street Journal
Predictable GDP- CNBC
Result in line but some expected more- CBS
Economy grows despite high energy costs- Yahoo!
US economy kept growing solidly- Reuters

It's interesting to read the headlines, and hard to make conclussions.

The best way to measure it is by the movement of the indexes, the markets are never wrong.

 

[aPismoClam]

but headlines frequently are.

 

[hajimow]

Look at the GDP chart. Every other Q, it peaks but the peak is lower than the previous peak and then the next Q it goes down and it is lower than the previous low. I have done a prediction for the next Q (third Q) that I am showing it in the chart. It should be a little better than this Q but lower than the 1st Q. it looks scary. You might smell recession from it. What if the next Q GDP dips a little bit more?.
FYI : It seems that 3rd Q was always the best Q for GDP.

 

[The Kin]

Damn fed should lower intrest rates to 0.25. That way the GDP will really start to boom.

 

[PuffyGums]

Quote from The Kin:

Damn fed should lower intrest rates to 0.25. That way the GDP will really start to boom.

Let me "risk a little more light." You all will be surprised by how much the Fed will raise rates. The Fed wants rates to go back to what is normal for a normally growing economy. 5% fed rate, 7.5% mortgages... that sort of thing.

No more 1% mortgages and Hong Kong like asymptotic housing prices.