A new report out from the government's Bureau of Economic Analysis revised Q3 GDP growth upward.
Scrutiny will be ratcheted higher this week. The Street is eager to reward bona-fide great news (which probably leaves out big money center banks and their convoluted earnings results).
In 2008, we learned that the analysts from Wall Street who were touting the wonderful benefits of mortgage investments had actually been saying one thing to the mainstream media and doing another — thus becoming the proverbial talking heads.
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