Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26
Missing expectations on all economic indicators
- Chicago Fed index .14
- PMI flash services 56.3
- Dallas Fed Manufacturing 10.5
- Case Shiller Index slows down to 4.9%
- Consumer Confidence number down to 88.7M
- Oil prices continue to fall
- Big drop in Richmond Fed 75% below estimate
- Optimism fueled by debt, consumption and bubbles
Podcast: Download
Podcast: Download
