GDP Slows To Crawl In First Quarter, Up 0.1%

GDP Slows to Crawl in First Quarter, Up 0.1%

As I have been predicting since December we finally got the result that I expected as we came in 0.1% vs estimates of 1.1% so in my book that is a miss of -90%. But still the markets will not break.

 

http://online.wsj.com/news/articles/SB10001424052702304178104579533412969885426?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304178104579533412969885426.html 

 

Its amazing with such terrible numbers on GDP and with a poor (manipulated) earnings season and Pro-Russian Ukrainians now holding over 20 cities in eastern Ukraine hostage that the markets have not crashed yet.

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