Q2 GDP Growth Revised To 4.2% Annual Rate first appeared on Floating Path.
Real gross domestic product increased at a seasonally adjusted annual rate of 4.2% in the second quarter, the BEA published this morning. This was the second estimate for Q2, the initial estimate had been a growth rate of 4.0%.
In Q1, GDP decreased at a rate of 2.1%.
Seth Klarman Tells His Investors: Central Banks Are Treating Investors Like “Foolish Children”
"Surreal doesn't even begin to describe this moment," Seth Klarman noted in his second-quarter letter to the Baupost Group investors. Commenting on the market developments over the past six months, the value investor stated that events, which would typically occur over an extended time frame, had been compressed into just a few months. He noted Read More