It’s Not What You Think When They Have to Totally Reconfigure The Savings Rate

By |2014-12-23T16:20:04-05:00December 23rd, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

There is a lot to say about the latest GDP revisions, particularly as it relates to the breakdown of the measure in comparison with something besides itself. The headline was all that was needed to “confirm” the best economic growth in decades, though. “There is a positive feedback loop going on at the moment,” Mike Jakeman, global analyst for the [...]