This was a low-quality GDP report. All one-offs – lower imports, higher inventories & Pentagon spending.

Facebook Twitter Telegram Email

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 t.co/6ZET3sFbA6

— mcm-ct.com (@mcm_ct) April 26, 2019

pic.twitter.com/qLPw0YoYid

— Alastair Williamson (@StockBoardAsset) April 26, 2019

when oil goes, stock market goes pic.twitter.com/2KvtT6ulJt

— Alastair Williamson (@StockBoardAsset) April 26, 2019