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Happy Days Are Here Again

June 24th, 2011 - 8:21 am

Unexpectedly: U.S. growth revised slightly higher. Now that’s the kind of surprise I’d like to get used to.

Of course, Q1 GDP growth was revised from a measly 1.8% to a still-measly 1.9%, so we’re not exactly rolling in the dough. May durable goods orders were up some, which is a better indicator than those Q1 numbers.

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