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Q3 GDP IS UP, BUT THE WAR FOR GROWTH HAS ONLY JUST BEGUN
Q3 GDP IS UP, BUT THE WAR FOR GROWTH HAS ONLY JUST BEGUN
It's official: the U.S. economy expanded by 3.5% in the third quarter, the Bureau of Economic Analysis reports today. Encouraging as that is, it's neither a surprise nor anything near to closure for the financial and economic hurricane of the last year or so. But it is a step in the right ...
A welcome GDP report
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
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
The Curious Capitalist
curiouscapitalist.blogs.time.com — What can we learn from this morning's surprisingly strong 3.5% real GDP growth report ? 1) Goldman... Sachs does not know all. The bank's economists had been on eerie run of sending out prescient alerts the day before major data releases—mainly the ... (more) The Curious Capitalist
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Thursday links: uncorrelated returns
Abnormal Returns — ... among the larger firms, from 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 ...

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