This was a low-quality GDP report. All one-offs – lower imports, higher inventories & Pentagon spending. Real final private sales a puny 1.3%. Removing more lipstick from this pig shows cyclically-adjusted GDP contracting at a 2% annual rate; deepest decline in nearly a decade .
— David Rosenberg (@EconguyRosie) April 26, 2019
The GDP Report Contained a Worrisome Statistic https://t.co/6ZET3sFbA6
— mcm-ct.com (@mcm_ct) April 26, 2019
— Alastair Williamson (@StockBoardAsset) April 26, 2019
when oil goes, stock market goes pic.twitter.com/2KvtT6ulJt
— Alastair Williamson (@StockBoardAsset) April 26, 2019