Latest Breaking News On - Kobalt capital - Page 1 : comparemela.com

Growth number for the third quarter. Giving our country the fastest growth backtoback quarterly growth, that we have had in ten years. Thats a monumental turn. And while i typically dont care about these numbers, as you know, on a day when the dow inched three points lower, s p down 3. 2 and the nasdaq advanced 0. 7 , this gdp number is so encouraging that i actually think its worth to take a few moments out to discuss it. First, when youve had a run like the one we have had lately, it better be backed by something. This isnt a fedinspired anymore, sure, these stocks are hanging in, but they are not generating the performance they once did. In fact, theyve been left in the dust by the rest of the markets despite their terrific yields relative to treasuries. This market is now backed by the full faith and credit of higher profits and better growth than we thought. It is spurred on by the Consumer Spending more money. Something that our countrys gdp, which is 70 consumer driven totally a

United statesValley lakeSouth australiaSpanish houseDistrict of columbiaSan franciscoSaudi arabiaJim cramerJanet yellenLos angelesIrwin simonBrian cornellConsumer spendingFederal reserveStock marketBond buying program