GDP numbers were horrible--read here

Quote from gnome:

It's all phony-balony... if the REAL inflation numbers were reported, we'd have been negative on GDP for the last few years.


you know that they take the inflation numbers into consideration? thats whay its real GDP. gdp-inflation=real gdp.

Give me a break these numbers where good lets look at the 2nd quarter. started 2 weeks after bear went down, and ended as the market dumped. i'll take 1.8 any day of the week

and lets look at q4 2007, big deal -.1% OMG the world is going to end. last time i checked we hit our all time high during this quarter in the stock markets. we know NOTHING until years later. they will probally revise the 1.8 to 2.8% gdp and that -100k jobs we will find out next year was actually +50k jobs.

we should change the name of this site to doom and gloom elitetrader. as the world will end next week
 
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