Stock Market is Humming Along While the U.S., Japan and Euro-Zone GDP Growth Rates are Negative
Posted on February 15, 2013 at 08:45 AM EST
We had an interesting observation yesterday, February 14, 2013: Newswires announced that the euro-zone's economy shrank last quarter at the fastest pace since the height of the recession in early 2009, at an unexpected 2.3% annual rate. I think this is clearly bad news. Germany’s GDP is down 2.3%, Spain’s