BURNanke was clearly hoping for a good excuse to double QE so he could one up ABE - jobs number certainly was as good as any…too bad QE is dead, unmarketable and finished. Ben has to deal with insolvent US banks and bank runs…Funny, I thought BAC as in such good health that they were authorzed to buy their own shares back and pay dividends…YEAH RIGHT BEN!
I think ‘ll buy some DX dollar contracts.
BEA: Real GDP increased at 1.6% Annualized Rate in Q1
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From the BEA: Gross Domestic Product, First Quarter 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an *annual rate of 1.6
percent ...
1 hour ago