Saturday, July 31, 2010

2.4% Growth

Digital ink gushed over the slower than expected 2.4% growth. But is it that bad?


I was thinking while reading this WSJ column (via the new iPhone 4!) that while growth is slower than we would like, this does keep the Fed on the sidelines.

Employers still are slow to hire, but some of the hiring news from the tech sector was good. And I believe that this indicates companies are spending and anticipating growth.

Maybe this is why the markets shrugged off the news after the early dip.

***

Made my second trip to the state fair tonight. Very crowded. Oh the price of a large Tecate? $12.

Seriously.

This is the first blog entry via said iPhone 4.

Have yet to take a video or picture. Have not used FaceTime, either!

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