US GDP number

O Rosenberg γράφει ότι το νούμερο του GDP would have been flat if not negative.
Διαβάστε
Όσο και "αρκούδα" να είναι ο τύπος δεν σημαίνει ότι δεν ξέρει τι λέει.
Το ζουμί:

While it seems very flashy, 3.5% growth is far from a trend-setter. Let’s go back to Japan. Since 1990, it has enjoyed no fewer than 19 of these 3.5%-or-better GDP growth quarters. That is almost 25% of the time, by the way. And we know with hindsight that this was noise around the fundamental downtrend because the Japanese economy has experienced four recessions and the equity market is down more than 70% from the peak. What is important for the future is whether the U.S. economy can manage to sustain that 3.5% growth performance in the absence of ongoing massive government stimulus. In other words, it may be a little early to uncork the champagne.

From our lens, the big risk going into Q4 is a renewed contraction in real final sales. That is not priced into the various asset classes right now.

Οπότε, τα μάτια θα πρέπει να βρίσκονται περισσότερο π.χ. στο νούμερο των πωλήσεων παρά σε αυτό των κερδών...