by Karl Denninger, Market Ticker: So he has said – it’s “the best gwowth eeevaaaahhhh.” Oops. The decrease in real GDP reflected decreases in private inventory investment, exports, federal government spending, and state and local government spending, while imports, which are a subtraction in the calculation of GDP, increased. Personal consumption expenditures (PCE), nonresidential fixed investment, and residential fixed investment […]
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