Courtesy of Tyler Durden
Just because it is GDP accretive. Actually, on second though, if the Princeton Economics Department is right, all those tornados crisscrossing the US over the past month should add at least 0.5% to Q2 GDP. Which, gasp, means that JPM’s just lowered GDP forecast is really 1.5%. And it is supposed to double by the end of the year to 3.0%. On… what again?
