US GDP comes in at minus 1%
• NakedCapitalism.comHowever, the fly in the ointment is consumer demand. It is still weak. Look at non-durable spending. If we don't see a significant uptick come Q3, you should be worried.
However, the fly in the ointment is consumer demand. It is still weak. Look at non-durable spending. If we don't see a significant uptick come Q3, you should be worried.
