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Re: nincs cím

Sanguis Előzmény: #98646

US Q2 GDP - confirmation of ‘The Great Recession’

By: Mads Koefoed, Market Strategist, Saxo Bank - Thursday, August 06, 2009, http://www.saxobank.com

The US economy as measured by the GDP declined significantly less in the second quarter (-1.0% QoQ SAAR) compared to the first. The improvement, however, was primarily due to revisions, net exports, and Government spending. The illusion that we will quickly return to the GDP level of 2007 is simply that, an illusion!