Currently telling a young couple how to access money in retirement accounts so they can get an 8% down payment on a home they are thinking of buying... in LA!!!
Yep. And yet the White House sort of glossed over that the other day when they said the U.S. had avoided a recession. The GDP revisions aren't done yet and in any case the NBER has multiple criteria that they use in officially defining the recessions ... of which "two quarters of negative GDP" is not present.
Now just don't go and blame THAT on anyone outside the U.S....
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Yep. And yet the White House sort of glossed over that the other day when they said the U.S. had avoided a recession. The GDP revisions aren't done yet and in any case the NBER has multiple criteria that they use in officially defining the recessions ... of which "two quarters of negative GDP" is not present.
Now just don't go and blame THAT on anyone outside the U.S....
Wisdom-Seeker Lives...
Link to White House comment on day of GDP release:
http://www.marketwatch.com/news/story/white-house-says-us-avoided/story.aspx?guid=%7B5E122AE2%2D51E7%2D40C3%2DB4A8%2D6D1933A0D184%7D
Welcome, stick around, check out the links on the side page. Some good discussion.
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