Market collapses again!, page-53

  1. 10,404 Posts.
    gc, from an economists point of view tonight's GDP figure has only token meaning. It will be revised. I recall last years '14Q4 was -.1% or so (lots of snow) but was later revised upwards. Sometimes you could think Yellen feeds the BoStats the figure she wants.

    Present market mood isn't good so a nasty figure might spook some of the bigger players but just say there is a reasonable number, say .4%. the present market might look at this as a marvel in the FEDs macro economic ability and we have a nice little rally to nowhere.

    I thought the says of bad/good news is good/bad news were over: seems not yet.
 
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