This is actually good news and I posted this news below.
But it does not indicate a strong economy, just the opposite.
A strong economy would produce much more than a few percent growth.
If this was all that Trump would have had, you never would call it a surge and strong.
The big increase in GDP comes from government spending, not income in the private sector.
For example, Apples income for the first time ever not in the double digits.
The stock market did not respond that well with the GDP growth news.
But it did move the correct direction, for a change.
|