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Jack Senior Editor. We have Veronica Dagher of the wall street journal. And todd. Jack, what did you think of this . I thought the number was good enough. What i was struck by there was strength from the consumer and weakness from business purchases. When you have gdp, thats fine because its dominated by the consumer effect. When you get to wall street earnings, its just the opposite, thats dominated by business investment, not by Consumer Spending. I think theres still a lot of weakness in the economy out there. Melissa yeah. A lot of people in the middle class who are hurting. The American Consumer is carrying the day right now. Well see if that continues if oil prices creep up. Were not seeing wage growth and pressure on exports as the dollar gets stronger. Melissa how do you go from five to 2. 6 . Thats a big decline. Plunging oil prices caused them to pull back on certain asset purchases. Melissa speaking of oil, check out oil. Crude spiking after a new the sharpest drop since 198
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