Woah,woah..hang on.Weve been told by the obedient servants of the financial elites that printing mystery Buck$
and shovelling them out the back door to bankster is gunna make the economy vibrant. So since Bear Stearns
2007 and QE 4eva they can only fictionalise GDP to %?.The Feral reserve is chock - o - block with employees
and PhD's * coming out of every oraface.Even the tea lady's got one (apparently).Well I know that our S'tard ,whilst painting Nanna's toenails,will getting together to discuss what next they can do.
Q2 GDP Misses, Q1 Revised Lower, Core PCE Tumbles
In the latest double negative whammy for the economy, not only did Q2 GDP print fractionally less than expected, at 2.6% vs consensus expectations of 2.7%, but Q1 GDP of 1.4% was also revised slightly lower, from 1.4% to 1.2%, while the Fed's favorite inflationary metric, core PCE, tumbled from a downward revised 1.8% to 0.9%.
Profits to all.BMD
*=PHd = personal hygiene devise( Kimbees/ Depends etc).
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