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GDP Shows Recession End, Sort Of
247wallst.com - 10/29/2009
GDP Shows Recession End, Sort Of
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The Commerce Department has reported in Q3-2009 Dross Domestic Product figures. We had 3.2% as the official estimate, but Goldman’s drop late yesterday took expectations lower. Bloomberg had consensus at 3.0% for GDP. The headline GDP number came in at +3.5%, above estimates and the ...
A welcome GDP report
econbrowser.com - 10/30/2009
A welcome GDP report
— econbrowser.com — The Commerce Department reported today that the seasonally adjusted real value of the nation's production of goods... and services grew at a 3.5% annual rate during the third quarter, a little better than the 3.2% average seen since 1947.  ... (more) A welcome GDP report

Comments vote down Across the Curve found this 10/30/2009found this
baselinescenario.com - 10/30/2009
Baseline Scenario, October 30, 2009
— baselinescenario.com — Yesterday morning I testified to a Joint Economic Committee of Congress hearing. The session discussed the latest... GDP numbers, the impact of the fiscal stimulus earlier this year, and whether we need further fiscal expansion of any kind. I argued that a global recovery is underway and in ... (more) Baseline Scenario, October 30, 2009

Comments vote down jamesykwak jamesykwak posted 10/30/2009posted this
The GDP Mirage
businessweek.com - 10/30/2009
The GDP Mirage
— businessweek.com — By overlooking cuts in research and development, product design, and worker training, GDP is greatly overstating the... economy's strength (more) The GDP Mirage

Comments vote down The Mess That Greenspan Made found this 10/30/2009found this

Blog Reactions

Abnormal Returns:  Thursday links: uncorrelated returns

BloggingStocks:  Closing Bell: Recession-end sells the short-sellers (PG, HGSI, FSLR, AMSC, TSPT)

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Blog Reactions

Thursday links: uncorrelated returns
Abnormal Returns — ... a predominately intermediary or adviser to a principal investor.”  (Dealscape) Banks are holding government securities, not making loans to Main Street.  (Clusterstock) Bailing out GMAC is a form of insanity.  (Mean Street) Is it sustainable?  Parsing the Q3 GDP numbers.   (Big Picture, Capital Spectator, 24/7 Wall St., Free exchange, Atlantic ...

Closing Bell: Recession-end sells the short-sellers (PG, HGSI, FSLR, AMSC, TSPT)
BloggingStocks — ... Today was all about much better than expected GDP reports. The lackluster jobless claims failed to even make a ripple after the GDP marked an unofficial end of the recession. The market absorbed ...

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