2Q 2014 GDP Numbers are in…

July 31, 2014, by John Norris

This morning the Bureau of Economic Analysis (BEA) announced the US economy grew at a 4.0% annual rate during the 2nd Quarter of 2014. This was better than expected. Further, it revised the 1st Quarter number to -2.1% from the previously announced -2.9%. Yet, the broad markets are largely in the red thus far today. Why is that? First, the better than expected release has many people think the Federal Reserve will continue to curtail its bond...

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