HOD in first half hour. the Q4 GDP will be revised down from -0.1% to -1.2% in Q4 later this week. But everything is just ducky. 49 max employees at all small business and 29 hours max for everyone per CNBC. Only gravy train is government union employees.
the estimate is is +0.4% but they will be incorrect again! advance estimate was +1% but actual was -0.1%. remember once a couple cockroaches appear there are thousands more in the walls hiding. The stuff will hit the fan soon. CNBC blamed the selloff today on Italy's election but the results were known before the european close and Europe didn't crash like the US did. There is more to the US market weakness than Italy since its GDP is less than CA.