Tag Archives: government shutdown

Here we go again.ReutersTrump: 'I don't see a deal' with Democrats on keeping government open Reuters StaffSo there!Zero HedgeTop Democrats "Abruptly" Pull Out Of White House Meeting After Trump Twitter Attack Tyler Durden

[embedded content]

BEA released the advanced estimate for GDP growth in the third quarter, 1.5%, well below the 3.9% growth of the second quarter. One can see that the recent recovery is slow even when compared to the Clinton and Bush II recoveries. So, nothing new, the slow recovery continues. If the budget deal gives some hope that at least we're not going to shutdown the government, and as a result avoid an even worse slowdown, there is very little reason to hope for the kind of fiscal stimulus we need.