Friday, August 26, 2011

GDP

As you probably know Q2 GDP came in at 1.0 on average consensus of 1.1 and down from the preliminary 1.3. The final revision will be in late September.  The SPY premarket dropped about $1.50 from the highs and is now about $.22 off the lows. Next up, Bernanke at Jackson Hole at 10 am.

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