Third Estimate 2Q2013 GDP Unchanged at 2.5%, Corporate Profits Revised Down

Written by Doug Short and Steven Hansen The second estimate of second quarter 2013 Real Gross Domestic Product (GDP) remains a positive 2.5%. The market expected GDP at +2.5% to 2.6%. This data point was 1.7% in the advance GDP estimate and 2.5% in the second estimate.

The Costs and Consequences of the 2007-09 Financial Crisis

How Bad Was It? by Tyler Atkinson, David Luttrell and Harvey Rosenblum, Federal Reserve Bank of Dallas Abstract The 2007-09 financial crisis was associated with a huge loss of economic output and financial wealth, psychological consequences and skill atrophy from extended unemployment, an increase in government intervention, and other significant costs. Assuming the financial crisis …

Terminal Velocity (20) “Taper Talk is Cheap”

Written by Adam Whitehead, KeySignals.com Terminal Velocity “Goldilocks Economy and the Three Bear Markets”[i] developed the idea that QE has pulled growth from the future, creating unsustainable values in asset prices. The Federal Reserve is now facing the convergence point at which the financial markets suddenly realise that the growth that has been priced in …

Second Quarter Witnesses A Good Run for Economy

August 29, 2013 – BEA Revises 2nd Quarter 2013 GDP Growth Upward To 2.52% Annual Rate by Rick Davis, Consumer Metrics Institute In their second estimate of the US GDP for the second quarter of 2013, the Bureau of Economic Analysis (BEA) reported that the economy was growing at a 2.52% annualized rate, up from …

Second Estimate 2Q2013 GDP Revised Up to 2.5%, Corporate Profits Up Also

Written by Doug Short and Steven Hansen The second estimate of second quarter 2013 Real Gross Domestic Product (GDP) is now a positive 2.5%. The market expected GDP at +2.1%. This data point was 1.7% in the advance GDP estimate.