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businessinsider.com - 4/26/2009

Economy: Don't Look Now, But The Worst Is Over

— businessinsider.com — Sponsored Link: (more) Economy: Don't Look Now, But The Worst Is Over

Stocks

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hf-implode.com - 4/30/2009

GDP Shrinks Most in 50 Years

— hf-implode.com — "GDP shrank at an annual rate of 6.1% according to the First Quarter 2009 Advance GDP Report."... (more) GDP Shrinks Most in 50 Years

Gross Domestic Product

Comments vote downundo vote up iehi posted 4/30/2009posted this

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Are Stocks Pricing OUT Duration of Slowdown?
Manhattan Real Estate: New York City Real Estate Tips — ... --> No problem, its priced in. As long as this is the last round of capital raising and the government will not allow either to fail which would see common wiped out, and haircut to preferred and bondholders - no problemo! GDP Contracts 6.1%, Worse Than Estimates --> No problem, its priced in. As long as pace of decline is slowing, inventories are being taken down, and consumers are starting to spend again, its a clear sign that the worst is behind us and future growth may in fact lie ahead. Besides, if it we don't grow that much, we can always get our government to give us ...

Steep Drop In GDP May Also Be First Sign Of Economic Recovery
Daily Markets — Steep Drop In GDP May Also Be First Sign Of Economic Recovery By Money Morning on April 30, 2009 | More Posts By Money Morning | Author's Website U.S. gross domestic product (GDP) plunged at a surprisingly sharp 6.1% annual rate in the first quarter, marking its worst performance in 50 years, the Commerce Department reported today (Wednesday). The drop was much steeper than the 4.9% annual rate expected by economists and follows a 6.3% tumble in the fourth quarter of 2008. But a look inside the numbers shows that things may not be as bad as they look. Plummeting exports and massive inventory reductions accounted for most of the fall. And ...