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Posts Tagged ‘Rick Davis of Consumer Metrics Institute’

1st Quarter GDP is Not a V-Shape

Posted by Larry Doyle on April 30th, 2010 9:14 AM |

The 1st quarter GDP figures were just released and registered a 3.2% gain. This statistic is slightly weaker than consensus expectations of 3.4%. What were the components? The Bureau of Economic Analysis provides insights:

Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 3.2 percent in the first quarter of 2010, (that is, from the fourth quarter to the first quarter), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 5.6 percent. (more…)

March 28, 2010: Economic/Market Week in Review

Posted by Larry Doyle on March 28th, 2010 10:55 AM |

The hits just keep on coming. The news on Wall Street, Washington, and literally all around the world is an absolute onslaught. This avalanche of news (healthcare reform, Greece and the EU, China and currency manipulation, South Korean naval ship sinks with speculation of possible North Korea involvement, Israeli tensions with Palestine and Washington, Treasury debt supply pressuring interest rates, and on and on) can overwhelm us if we allow it. Global political and economic risks abound. These risks demand that we keep a balanced perspective as we navigate the economic landscape.

Welcome to our Sense on Cents Week in Review where I provide a streamlined recap of the major economic data and news, along with month-to-date market returns. (more…)

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