Wednesday, December 30, 2015

Missouri flooding is costly

They say it is as bad as ever in   Missouri, and many oil pipelines are shut.  This is a quarter point drop in  GDP growth.  And to make matters worse, trucking has slowed.  Unfortunately we are headed into the 2016 Q1 slowdown with no growth momentum.  We are going to hear more recession predictions and the Fed will not be raising rates in  Q1.

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