GDP reported Friday failed to meet expectations. More importantly, GDP growth, year on year, is at a level never previously experienced outside recession. This data supports ECRI’s stance that the US is currently in a mild recession that began about midyear 2012. Click here to read the complete article.
Global View Investment Blog
Nominal GDP Growth Falls Again
Global Financial Markets, GDP, Recession, Economic Commentary, Economic Data, Gross Domestic
Apr
29th,
2013
By:
Ken Moore
Written by Ken Moore
Ken’s focus is on investment strategy, research and analysis as well as financial planning strategy. Ken plays the lead role of our team identifying investments that fit the philosophy of the Global View approach. He is a strict adherent to Margin of Safety investment principles and has a strong belief in the power of business cycles. On a personal note, Ken was born in 1964 in Lexington Virginia, has been married since 1991. Immediately before locating to Greenville in 1997, Ken lived in New York City.