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A Growing Economy

Submitted by John Doe, Aug 29, 2008 08:34

"Although we have seen improved functioning in some markets, the financial storm that reached gale force" around this time last year "has not yet subsided, and its effects on the broader economy are becoming apparent in the form of softening economic activity and rising unemployment," Mr. Bernanke said in a speech to a high-profile economics conference here.

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Comment	By	Date
You are misunderstanding what made this GDP report appear strong. GDP subtracts import. When their prices are rising -- as... [MORE]	ritholtz	Aug 30, 2008 15:55
As one who is old enough to have wasted countless hours sitting in gas lines during the Seventies, it seems... [MORE]	John Rosen	Aug 30, 2008 10:12
Dear Sir, as you say: "And that is a real rate of growth, meaning it is adjusted for inflation." I... [MORE]	Teus de Koning	Aug 30, 2008 08:50
"Although we have seen improved functioning in some markets, the financial storm that reached gale force" around this time last...	John Doe	Aug 29, 2008 08:34