JP Morgan Boosts Q4 GDP Forecast By 30% From 3.5% To 4.5%

JP Morgan Boosts Q4 GDP Forecast By 30% From 3.5% To 4.5%

  • Posted Friday, December 11, 2009 -
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Zero Hedge

Because you know JPM is completely unconflicted and unaxed from pushing a Chinese growth model in the US. Justifcation: "GDP growth is being revised upward reflecting this week's upside surprises in monthly reports on inventories, net exports and retail sales." Somehow JPM managed to have an embargo on this report, likely prepared days, ago until 11:51 am. In other news: the government has no bias to presenting overinflated data.

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