The big news this week was 4th Quarter GDP, which was +3.2% unadjusted, and up 2.6% in real terms, and up 2.9% for all of 2010 in real, inflation-adjusted terms. This means that all those people who say we aren’t in a Recovery are now correct – but only in a backhanded sense.
Read Goodbye Recovery, Hello Expansion now »
By Tim Spagnola
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