1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

US GDP Data Comes in Better Than Expected, Risk Aversion Continues to Dominate

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 30, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The US economy shriveled to end 2008, with 4th quarter growth contracting 3.8%. Consumer and business cut back on spending, the housing slump continued, exports fell, and prices tumbled amid the deepening recession. The 3.8% contraction is the worst in 26 years and follows a decline of 0.5% in the...

    complete article here...

Share This Page