It seems like every report coming out of the government these days is bs. Sometimes the revisions don't even get us to the real number. What I see is the stock market up because 1) Goverment manipulating the data 2) Fed printing money like crazy 3) Government/Fed jawboning the market
I'm changing my mind about them doing enough to keep the market/economy propped up in the 2nd half. I think it will all backfire on them soon.