Author: John Pugliano
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Who do you believe?
The Chinese government rarely revise their economic statistics. [Of course, nobody believes it.] The US is more open minded. Our government is endlessly revising their statistics. Today they re-revised last month’s “final” revision of Q1 growth. Good news…the economy only declined 2.1%, not the previous third revision of -2.9%. And better news…Q2 grew at 4%…