Nov
25

Mediocre Movement

slowGDPWith Q3 GDP growth just revised up to 3.9% and Q2 GDP growth at 4.6%, the last six months have been the best stretch of GDP growth in over a decade. But year-over-year growth is still just 2.4%, compensation growth was revised down to 3.5% from 4% in Q3 and from 5.3% to 2.8% in Q2, while corporate profits continue setting records. A decent report, but nothing to shout about.

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