U.S. GDP Comes in at a Paltry 0.7%, Missing Estimates

Fourth quarter GDP came in at 0.7%, missing the estimate of 0.8%. Pray tell me, if we’re growing at 0.7% during the holiday season, a time when Americans are programmed to spend all of their savings, AND MORE, what do you think the GDP will do during Q1, 2 and 3 during 2016–post Federal Reserve induced cataclysm?

SPY futures are up 8, off their highs. TLT is now higher by 1.1%.