Monday, October 31, 2016

What's Totally Messed Up About That GDP Number

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*GDP was a good number and a pickup. Some are looking for holes, but inventories look like something exciting.
*If inventories were stock, you'd probably be gearing up to buy.
*Find all the holes you want, but the economy bottomed, according to GDP (for now), which may be good for stocks.


We wanted to review what we believe is a very good GDP number. A good GDP number and a healthy economy is what the market looks for. Bubbles are full of air. A good economy deflates the bubble concept and allows us to perceive that the world is on solid footing. That is a welcome change and a chance to drive stock markets (SPYQQQ) higher.

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