WEEKLY MARKET DIGEST: TAPER BULLS TROUNCE TAPER BEARS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
GDP ESTIMATE ROCKETS UP BUT INTEREST RATES FALL, GOLD BELOW $1200
December 20, 2013
Q3 GDP – third estimate rockets up to 4.1% vs consensus of 3.6%. A more positive news for the U. S. economy is that the third estimate of GDP Deflator, which is a measure of inflation, came at 2.0% vs. consensus of 2.0%. In other words, the economy was a lot stronger than thought but inflation did not rise as is typical of a strong economy.… Please click here or the title below to read more.
December 20, 2013