GDP came in at 3% today despite two hurricanes……..that means we ought to see Q4 above 3% also as reconstruction begins. It’ll be the first time we’ve seen 3% plus growth for three consecutive quarters since before the financial crisis.
You’ll also notice that the current two quarters are coming in well above the 2009-17 trend for GDP so we will see a material uptick in these charts in the coming months.
Many well-known hedge fund managers are also philanthropists, and many of them have their own foundations. Seth Klarman of Baupost is one of those with his own foundation, and he invested in a handful of hedge funds through his foundation. This list of Klarman's favorite hedge funds is based on the Klarman Family Foundation's 990 Read More
Real Private GDP trend from Apr 2009 has risen to 2.91% from 2.88% at last read, Real GDP slight bump from 2.15% to 2.18% on latest report. Real Govt Exp&Inv continues to fall which continues to skew Real GDP lower from Real Private GDP. The signs continue to support recent trends in other indicators that economic activity is accelerating.