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Re: bladerunner1717 post# 111845

Monday, 01/03/2011 8:10:15 PM

Monday, January 03, 2011 8:10:15 PM

Post# of 257268

Four quarters from the trough of a recession in the U.S., GDP growth has averaged between 5.5% and 6.5%. GDP growth in the 2nd quarter of 2010 was 1.7% and 2.6% in the 3rd quarter. This may not be a "double-dip," but no rational economist or investor would call this a robust recovery.



This was not an average recession. Trying to compare with average statistics has proven not useful at all.

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