Off-Topic: 4th quarter results
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Name:   CRD The author of this post is registered as a member - Email Member
Subject:   4th quarter results
Date:   4/27/2018 10:45:41 AM

Government spending slowed first quarter to a 1.2% gain as opposed to 3% previously.

Trade added .2% to growth. Inventories added .43%

GDP rose 2.3%  down from 2.9% last quarter of 2017.  However, it was the highest first quarter GDP since 2015.  Bloomberg's survey of economists forecast a median 2% gain.  Don't pay attention to the Atl Fed forecast.

Employee comp rose more than expected from a Labor Department Report.

Fed Reserve sees the first quarter slowdown as transitory, with predictions of a milestone set to hit in May.

I will agree, that a sustained 3% growth rate is going to be difficult to achieve with a global economy and trade corrections after years of a trade war waged on us, however, Archie, if you are not feeling the tailwinds of an improving economy, then you are mired in a wrong profession or simply regurgitate dumbed down talking points.

Other messages in this thread:View Entire Thread
4th quarter results - architect - 4/27/2018 9:48:47 AM
     4th quarter results - CRD - 4/27/2018 10:45:41 AM
     4th quarter results - lakngulf - 4/27/2018 2:16:50 PM



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