Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

Despite Higher GDP, U.S. Economic Data Continues to Disappoint: Episode 26

Missing expectations on all economic indicators



* Chicago Fed index .14

* PMI flash services 56.3

* Dallas Fed Manufacturing 10.5

* Case Shiller Index slows down to 4.9%

* Consumer Confidence number down to 88.7M

* Oil prices continue to fall

* Big drop in Richmond Fed 75% below estimate

* Optimism fueled by debt, consumption and bubbles




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