"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Wednesday, April 30, 2014

Global GDP Reports Show Growth Is Slowing

The United States has GDP being released this AM at 8:30 AM EST.  Nations around the world have been posting GDP levels that show contractions in the growth with one outlier posting a nearly 3% turn around in their Gross Domestic Product growth (Greece).  The US itself is expected to report 1.1% year-on-year GDP levels compared with prior reported 2.6%.

Taking a look around the world, here’s who has reported Quarterly GDP thus far this quarter (numbers in annualized quarterly change):

The United States will release their numbers at 8:30 AM EST today with 1.6% being predicted, a drop from the 2.6% previously reported.