Quote:
Originally Posted by whell
There you go again looking at a single quarter of data and then declaring the apocalypse.  |
There you go again, looking at a single quarter of data and calling it a trend.
Ian Shepherdson, an economist at Pantheon Macroeconomics, said following Friday’s report, “In one line: Looks great; won’t last.”
Paul Ashworth, chief US economist at Capital Economics, said Friday, “Overall, helped by the massive fiscal stimulus, the economy enjoyed a strong first half of this year but, as the stimulus fades and monetary policy becomes progressively tighter, we expect GDP growth to slow markedly from mid-2019 onwards.”
But you go right ahead and believe Donny’s lies.