Manoj
All said and done, 9.6% of US consumers are officially unemployed, that is almost 1.6% of world's GDP!!! (back of the envelop calculations
Find Posts: #GDP
Manoj
Just so you know- 24% of world's GDP is US, 70% of US GDP is consumers= 16.8% of world's GDP is only US consumers= almost all BRIC combine
OptionPundit
What is to cheer in GDP figures only b'coz its better than estimates? 2nd qtr GDP revised down from 2.4% in the advance release to 1.6%
OptionPundit
Though things may seem rosy in the futures market, don't forget US GDP @8:30 and consumer sentiment at 9.55am USEST
Manoj
Futures are meaningless to conclude any direction, there are 3 big news today, #GDP @8:30USET, #ChicagoPMI @9:45, #ConsumerSentiment @9:55ET
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