"The release of Q4 2011 GDP highlighted just how close the US economy is to actual contraction as well as how vulnerable it is to the events in Europe. On the surface the 2.8% growth was a nice rebound from the 1.8% growth in Q3 2011.
But like anything if you dig beneath the headline you will see three areas of concern. Interesting that just two days before this release when asked about the recent uptick in economic activity Chairman Bernanke was less optimistic than the reporter asking the question. Apparently he was privy to the soon to be released data..."
at http://www.marketoracle.co.uk/Article32868.html
But like anything if you dig beneath the headline you will see three areas of concern. Interesting that just two days before this release when asked about the recent uptick in economic activity Chairman Bernanke was less optimistic than the reporter asking the question. Apparently he was privy to the soon to be released data..."
at http://www.marketoracle.co.uk/Article32868.html
