Friday, August 27, 2010

U.S. GDP the talk of the Twitter

When all else fails for a conversation starter, savvy conversationalists turn to the economy. For instance, today the talk is on twitter is about U.S. 2nd quarter GDP.
Some folks (Republicans, mostly) say it is bad news, others (Democrats and economists, mostly) say it is good news. The fact the stock market opened slightly higher today is one indication of the type of news it is...but there are others.

@saffsam Wall Street moves higher after better than expected US GDP: Wall Street has opened higher after the better than ex... http://bit.ly/bkLgdq

@zacks_com GDP Surprise to Have Staying Power? - Analyst Blog: The headline showed that second quarter GDP stands at +1.6% --... http://bit.ly/ak6jp6

@PhilSeaton 2nd quarter GDP numbers came in at 1.6 percent which is within the range that we expected and indicated.

@fhxx US GDP growth estimate cut to 1.6% in second quarter due to wider trade gap: http://tinyurl.com/33xsnhs

@washingtonpost GDP growth falls sharply in 2Q http://wapo.st/a5E7Bl

@ChicagoFed RT PhilFedResearch Today's update of the ADS index includes information on real GDP for 2010 Q2 (2nd release) - http://ow.ly/2vnzx

@timcurrell RT @cnnbrk / @CNNMoney: Economy grinds to near halt http://bit.ly/bt1fOh // What kind of fool-idiot headline is this? Seriously...

@EEF_Economists What do today’s GDP and investment figures say about rebalancing? http://ht.ly/18KAsx

@online4xtrading Fundamental Report Better than forecast U.S. GDP has little impact on fixed income: Bond markets are relatively su... http://bit.ly/deNC4K

@BusinessDayDigi US markets up after data shows GDP contracted less than expected - http://bit.ly/9boIyy

@Campaign_Signs Business inventories increased only $63.2 billion, rather than $75.7 billion, adding a slim 0.63 percentage points to GDP

@MarketStEl US GDP growth anemic in 2nd quarter of 2010 | http://bit.ly/dsCmNv

@liveforex News: US GDP second estimate revised down, but upward of forecast http://ow.ly/18KARB

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