These numbers do not suck. These numbers are impressive by almost any measure.
While no one can predict the GDP in Qtrs going forward, the fact that this is a very positive gain (economic indicator) can not be marginalized.
Well, the marketmakers certainly took it as an optimistic sign yesterday, when they were buying up every stock in sight. By today, as the Dow nosedived, I figured at first that they had scared themselves by yesterday's exuberance -- but then I thought that perhaps the plunge is because Pelosi unveiled details of her plans for wrecking the nation's health care and its economy big time.
Appropriately enough, just in time for Halloween.
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