Thursday, May 29, 2014

Quantitative easing fought the snow and the snow won

Zero Hedge: "US Economy Shrank By 1% In The First Quarter: First Contraction Since 2011"  "Bottom line: for whatever reason, in Q1 the US economy contracted not only for the first time in three years, but at the fastest pace since Q1 of 2011. It probably snowed then too."

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