Author: John Pugliano

1st Quarter GDP received its final revision today, this time down a catastrophic 2.9%.  That’s the economy’s worst performance since 2009Q1.  How did the markets react?  You guessed it, they closed up on the bad news.  [see related post:  https://www.investablewealth.com/gdp-reduced-markets-hit-new-high/  ] Not to worry, the economy is doing fabulous, it was just bad weather.  They’re…