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TMFAleph1 (95.17)

What If the Recovery is Scorching?

Recs

3

November 09, 2009 – Comments (3) | RELATED TICKERS: GE , BAC , CSCO

Friday's unemployment numbers weren't great, but U.S. GDP grew at an annualized rate of 3.5% in the third quarter -- the first positive growth in 12 months and an indication that the recession ended some time during the third quarter. There are even some... [more]

3 Comments – Post Your Own

#1) On November 09, 2009 at 4:27 PM, ayekappy (< 20) wrote:

MarathonMan: But wasn't almost all of our GDP growth based soley on government stimulus spending?  I can see our 'recovery' being scorching, but not really in the same way you do.

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#2) On November 09, 2009 at 4:29 PM, brickcityman (< 20) wrote:

Any thoughts on this article?

 

http://www.cnbc.com/id/33786428

 

Personally I was very suprised it was given front page treatment (given the source)...

 

Not exactly "news" but would seem to call into question the purported 3.5% GDP growth.

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#3) On November 09, 2009 at 4:47 PM, TMFAleph1 (95.17) wrote:

@ayekappy,

If you read the article, you will find that I am not a proponent of the "scorching recovery" thesis.

Best,

Alex D

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