MacroVoices Podcast for August 18, 2016
Jeffrey Snider: All Signs Point to Global Systemic Reset
Jeffrey Snider: All Signs Point to Global Systemic Reset
The “final” estimate for Q4 GDP was uninteresting save the update to corporate profits and cash flow. The upward revision to 1.4% wasn’t really any different than the preliminary or advance estimates, and since 12% of it was simply a guess by the BEA it doesn’t amount to a whole lot of solid analysis especially when in conflict with so [...]
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