The economy may indeed be improving, but with the government spending (printing) far more than GDP is rising, I think we’re still deep in a real recession. I don’t understand how even 2% growth—we aren’t there, yet—is considered an expanding economy when the annual federal deficit is running at around 10% of GDP. The government keeps trying to pump up the economy and might even be making a little headway, but the real economic situation is pretty deflated.
“”while the dollar retreated from a seven-month high despite more signs the U.S. economy is strengthening”””
Yeah, sure it is. With trillions of dollars in freshly printed fake money.
Boy, is this turning out not to be my lucky day!
Any breath of life that the economy shows (and I don’t see that it is showing any beyond Bernanke balloon-blowing) will be snuffed out as the full burden of ObamaCare comes on line.
Huge volume and they don’t even mention it?
I assume it was one of those “witching” days when contracts have to be cleared up or whatever...
It’s really stupid to talk about a .16 % daily change in the index. The index goes up and the index goes down. If the analysts haven’t figured it out by now, they are stupid.
(yes, they are stupid)