Friday, January 30, 2015
The Brick Wall of Anarchy: Maximum Shock Factor
GDP Growth Decelerated 50% Sequentially (5% to 2.6%) due to tanking exports
"In four separate interviews, none of the officials expressed a desire to delay a midyear rate increase."
"Most of the interviews came after the government reported that economy slowed to a 2.6% rate in the fourth quarter from a 5% rate in the third quarter."
MW: Jan. 30, 2015
Obamanomics: Strip out the rest of the world and it's all good
"The Commerce Department reported Friday that fourth-quarter growth slowed markedly to a 2.6% annual rate in the fourth quarter "
"On the surface this gives the appearance that the economy hit a sizable soft patch."
"Furman noted that the economy increased at a 3.9% rate in the October to December period, applying an alternative measure of GDP"
CNBC: Jan. 30, 2015:
"U.S. stocks fell on Friday, readying equities for January losses, with investors on uncertain footing after U.S. economic growth slowed sharply in the fourth quarter and Russia's central bank unexpectedly cut is benchmark interest rate."
30 Year Treasury Yields, new all time low - well below Lehman now:
Who do you trust?
Posted by Mac10 at 11:16 AM