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Uh Oh.... (GDP Interpretation)

• Market-ticker.denninger.net
 It appears to be that traders in the FX market (who by the way tend to be smarter than the average equity or bond trader) have deduced that the entire "improvement" in 2Q GDP came from government spending.

3 Comments in Response to

Comment by Found Zero
Entered on:

And that next article BTW would be  at:

http://market-ticker.denninger.net/archives/1280-GDP-In-Pictures-The-Truth.html

Comment by Found Zero
Entered on:

Sometimes I wonder if Denny's head is gonna explode. The guy is really on a tear.

His next article really hits it. There is no "real" recovery with falling GPD and rising unemployment but Wall St. and the markets are no longer any part of the "real" economy.

Comment by Lola Flores
Entered on:

 GDP = Gargle Dump Puke



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