JULY 28 IS D-DAY AND THE GDP TARGET IS LOFTY
$Dow Jones Industrial Average (.DJI.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ We’ve had RETRACTION not GROWTH the last 3 GDP reports. Somehow we are expected to post a positive number of 0.90. Given the econimic headwinds of inflation, a strong dollar discouraging exports, interest rate hikes and expensive oil …. all of which impact GDP negatively … I just don’t see it. $Apple (AAPL.US)$ reports earnings on the same day. We may be watching a train wreck happen in slow motion. ALL ABOARD!!!
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