Growing Pains

Traders, investors and Fed officials in their pre-meeting quiet period will all get a look at the first read on Q4 US GDP this week. Spoiler alert: It won't be indicative of a recession, although that doesn't preclude efforts to spin it that way, belabored or otherwise. Economists, famous for forecasting prowess, expect 2.7% from the headline. If you're old enough (or young enough, as one reader recently put it, in a clever spin on my tired joke) to remember last month, you might recall that t

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