>>Will next wk’s GDP data show #recession or, at best, very weak growth?<<
NO! The first report will look as rosy as can be. It is the two revisions afterward that will tell the story.
By the time we get to the second revision, the gubbamint will milly-mouth the numbers.
shouldn’t the number have been released by now? Or are they looking to do a doc dump filled with false assumptions and seasonal adjustments so Obama can lave for vaca with something positive to say like “hey, it could be worse”
Yes, but the first number will be on the front pages along with glorious pictures of the King of Amerika, and the revisions will be on page 47 along with the foreclosure notices and yard sale ads.