Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers
MishTalk
NOVEMBER 20, 2015
Of course, there is also persistent overoptimism about earnings growth and stock market expectations. Third-quarter Gross Domestic Product grew at a 1.5 In November 2007, the Federal Open Market Committee began releasing projections for real GDP growth four times per year in its Summary of Economic Projections (SEP).
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