GDP 3rd Q: Looks can be deceiving, but sometimes it’s nice to hope.

The first estimate on 3rd qtr 2009 GDP for the US is out from the Bureau of Economic Analysis via News Release: Gross Domestic Product.  First glance it looks lovely - 3.5% growth after we've down for so long.  But looks can be deceiving and this is Halloween season.  One reason to be cautious is … Continue reading GDP 3rd Q: Looks can be deceiving, but sometimes it’s nice to hope.