Negative GDP Is Extremely Rare

By |2014-05-30T16:46:09-04:00May 30th, 2014|Bonds, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

Now that GDP in Q1 has been revised significantly below expectations, particularly in comparison to the +3% that was expected at the outset of 2014, rather than dwell on the individual components I think it is useful to note that negative result in the context of cycles. Negative quarters are actually exceedingly rare in the circumstance outside of recession. In [...]