Synchronized Growth Or Just Another Head Fake?

On July 29, 2011, the day that the 2011 crisis truly started, the BEA had released revised figures for Q1 2011 GDP along with the advance estimates for Q2. The former had been dropped to just 0.4% growth, while the latter was initially placed at just 1.3%. The weakness in Q1 had got everyone’s attention, […]
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