Sunday, August 3, 2014
Two Sunday newsbits
Two things for Sunday:
New Deal Demoncrat - weekly indicators. 2014H2 GDP should be less strong than Q2, he thinks. I guess you could expect that if Q2 was full of economic activity postponed from the cold Q1.
Data Dive - wages are stagnant. Wait a sec, didn't we just get a data release this week that said wages had inscrutably skyrocketed, as if everyone in the US got a raise in the past couple weeks? And didn't everyone puke stocks on the news?