Wednesday, April 29, 2015

GDP Fail, redux

The plane is nosediving, but 
the cockpit door is locked.

0.2% GDP growth, again? But wait: if you can't believe their unemployment numbers, can you believe their GDP numbers?

Poor Madame Chair looks like she's standing in front of an approaching freight train.  Is it inflation or deflation she sees bearing down on her?

What to think? No rate hikes until Obama says so.  He's not going piss off his Park Avenue buds, not yet. He doesn't want a stock market crash, either, because then the white people might riot. Ha ha, just kidding.

[update: yeah, we posted this before the announcement.]


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