The Commerce Department said Thursday that third-quarter GDP expanded at 1.5% annual rate (annualized and adjusted for inflation). That’s less than half the 3.9% growth rate in the second quarter, and slightly below the Thomson Reuters estimate of 1.6%. GDP represents the total value of goods and services produced in the U.S.
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- RADIO SHOW 1/17January 17, 2018 - 9:00 pm
- PRE MARKETJanuary 17, 2018 - 9:07 am
Don’t worry about a nasty, high volume reversal. We’ll just gap it up the next day. Strong open awaits. I will stay silent about it except to say: I have been taught and have studied that changes in trend often occur with violent action after a large drop in price or after a large rally […]
- RADIO SHOW 1/16January 16, 2018 - 10:33 pm