WSJ Changes Its Mind About GDP, But Not Its Conclusions?

By |2014-10-30T13:05:58-04:00October 30th, 2014|Economy, Markets|

Early this morning my good friend Fred Everett emailed me the Wall Street Journal’s take on GDP. They were, as you might expect, quite optimistic about what 3.5% implied toward future acceleration finally out of this seven-year depression: The U.S. economy expanded steadily again during the third quarter, a sign of sustained growth fueled by American consumers and businesses despite [...]