US Q4 GDP is bad (but good)

27 January 2017

 

Sometime good news is viewed by financial markets as bad. In other times, the same news can be taken as good. In this case, while the news in question has not been viewed as good, what was generally seen as bad on the surface had been interpreted as being alright, if not slightly favourable. The US Commerce Department released Q4 “advanced” estimates of US GDP on Friday night Australian time....

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