As Bad As It Gets: 2007-2018 Real GDP Growth Was Weaker Than 1929-1940

If you ever needed evidence that the recency bias of Washington and Wall Street fosters a stunning disconnect between fact-based trends and the daily hopium-based narrative, here it is. As Jeff Snider points out, the 2018 GDP numbers printed yesterday signify the very opposite of “gangbusters”. On a peak-to-peak basis, in fact, the 11-year gain (2007-2018) in real GDP came in at […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.