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View Full Version : GDP estimates "readjusted" downward



pooltchr
08-27-2010, 10:44 AM
Seems our economy didn't grow as much this spring as we were led to believe.

http://news.yahoo.com/s/ap/20100827/ap_on_bi_go_ec_fi/us_economy

Steve

Chopstick
08-27-2010, 02:30 PM
Shippers are starting to move. Rails are starting to show increased activity. If paper and copper follow it could be good. If we can just get those damn stingy evil rich people to spend some money on Xmas....oh, I forgot, we're taking their money and giving it to all those responsible citizens who had the good sense to bury themselves in debt.

Sev
08-27-2010, 05:05 PM
Keep your eyes open. The last adjustable ARMs come due this fall.
That coupled with tax increases could be a 1-2 punch we dont need.

OH and lets not forget The New Pandemic Season is almost upon us. Since H1N11 pandemic was declared over last month.