This article originally appeared on the Daily Capitalist.
The news on the latest GDP report said "recession fears recede." Now, a few days later, it's "red flags." So which is it?
I think it is still "red flags." But then we have most of mainstream economists/analysts who disagree with us. The difference is that they have been mostly wrong and we have been mostly right.
There are several things to understand about gross domestic product before analyzing the numbers:
1. Spending Isn't
No comments:
Post a Comment