Seeking Alpha

Q1 GDP (first estimate): +2.2% vs. +2.5% forecast, +3.0% previous. Final sales +1.6% vs. +2.1%...

Q1 GDP (first estimate): +2.2% vs. +2.5% forecast, +3.0% previous. Final sales +1.6% vs. +2.1% forecast, +1.1% previous. Price index +2.4%, +1.2% previous. Core price index +2.0%, +1.4% previous.
Comments (10)
  • Duke67
    , contributor
    Comments (136) | Send Message
     
    No QE anytime soon, sorry.
    27 Apr 2012, 08:35 AM Reply Like
  • Barry Crocker
    , contributor
    Comments (454) | Send Message
     
    Nice. Fresh QE on the way.
    27 Apr 2012, 08:36 AM Reply Like
  • schatzl
    , contributor
    Comments (391) | Send Message
     
    Considering the record breaking warm spring, these numbers could eventually be quite disappointing, if some of quarter 2 business activity had been brought forward into q1. Isn't terrible mind and very solid from a European perspective. The big worry remains sustainability. How on earth do you maintain GDP numbers that high once these massive deficits eventually end?
    27 Apr 2012, 08:44 AM Reply Like
  • jwbrewer
    , contributor
    Comments (317) | Send Message
     
    Business investment down and Inventories up..now where, according to economic theory, does this take place in the business cycle? QE3 here we come; (cf/(1+i)) is going to make for a good rally in assets - fake, but good.
    27 Apr 2012, 08:58 AM Reply Like
  • BlueOkie
    , contributor
    Comments (5811) | Send Message
     
    Who's estimates the cronies in the Obama administration with their rose colored glasses. We are in the tank thanks to this administration's policies of overregulation and we hate big business. along with the rich.
    27 Apr 2012, 09:08 AM Reply Like
  • bbro
    , contributor
    Comments (9911) | Send Message
     
    Very good composition in GDP report...no recession
    27 Apr 2012, 09:42 AM Reply Like
  • Tack
    , contributor
    Comments (13753) | Send Message
     
    Personal consumption growing faster than production. Either the former must decrease or the latter increase.
    27 Apr 2012, 09:44 AM Reply Like
  • srspa77
    , contributor
    Comments (326) | Send Message
     
    Scary GDP report. Glad the market is up on the horrible 2.2% growth.
    27 Apr 2012, 10:01 AM Reply Like
  • srspa77
    , contributor
    Comments (326) | Send Message
     
    With the Spanish downgrade and25% unemployment and todays horrible GDP number you'd think we'd be down. Yet the future market is up. This market is incapable of trending down!!!! Stay long!!!
    27 Apr 2012, 10:01 AM Reply Like
  • bbro
    , contributor
    Comments (9911) | Send Message
     
    Here is a hint...look at postponable purchases to GDP...and its direction...direction is the leading indicator...
    27 Apr 2012, 10:15 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs