Jump to content
House Price Crash Forum
Sign in to follow this  
ianbeale

Us Economy See Stronger Growth 3.4%

Recommended Posts

http://biz.yahoo.com/ap/070727/economy.html?.v=18

AP

Economy Growth Is Best in a Year
Friday July 27, 9:14 am ET
By Jeannine Aversa, AP Economics Writer
Economy Springs Out of Rut and Grows at 3.4 Percent Pace, Best Showing in More Than a Year
WASHINGTON (AP) -- The economy snapped out of a lethargic spell and grew at a 3.4 percent pace in the second quarter, the strongest showing in more than a year. A revival in business spending was a main force behind the energized performance.

SM crashes cancelled. All can go home.

Share this post


Link to post
Share on other sites

Call me cynical but isnt this data all just a little bit too convenient ? Whats the betting the figures get quietly revised down in a week or two ?

Share this post


Link to post
Share on other sites
dow still gone 50 south - mystery to me - black friday lives on

Probably because those who determine the price (traders) are waking up to the fact that they may not get much of a bonus this year as banking profits might be a little low; especially if the whole M&A train comes off the rails, which looks like it is starting to. Most companies finances are still healthy and industrial utilisation is relatively high, so unless the doomsayers are actually proved right equity (in the established markets) should ride out the worst of the credit crunch.

So much for city bonuses supporting high house prices in the SE. Not expecting too many headlines like that in 6 months time!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 351 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.