But it’s all good, just wait and see the NEXT quarter before you start to worry.
(and we revise this one down a little further in a few weeks on a Friday afternoon...)
Since the next quarter being down would qualify us as in recession, Barry’s bean counters are certain not to let that happen.
But, it really was a stifling winter, at least here in the Northeast. Let’s hope the slow trading doesn’t lead to them killing the strong dollar.
The second quarter bad news is now being transferred to the first quarter in order to avoid a decline two consecutive periods. Thus NO technical recession during Obama’s term.
Well the story does conclude with “-—economists expect a rebound-—”. What could go wrong with that? You know we’ll be hearing about Hillary’s economic recovery plan purty quick?