Second quarter GDP: very good, likely getting better, but a caution for 2015
By: New_Deal_democratThe second quarter advance real GDP print of +4.0% reported this morning is certainly welcome news, as was the upward revision of Q1 to a slightly less awful -2.1%. Still, as needs to be said, that averages out to a meager +0.9% for the entire first half. But hold the glass-half-empty DOOM. Read more
