"There's a tremendous opportunity to educate people in our profession on how GDP is stated and projected," Hedgeye CEO Keith McCullough wrote today. Learn. Evolve. Win. Oh, and tune out the mainstream media. They really failed in reporting on today's first quarter U.S. GDP report.
This was latest bit of click-bait from earlier today: “US GDP collapses to 0.7%, the lowest number in three years with the worst personal spending since 2009.”
Nothing could be further from the truth. Here's everything you need to know about today's GDP report summed up in seven simple tweets from McCullough.
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