THREE OUT OF FOUR AIN’T BAD

Three out of four ain’t bad….The economy has more than made up for its negative first quarter performance (due mostly to weather) with a real (inflation adjusted) GDP Growth of 5.0% for the  third quarter.  This is the strongest quarterly growth rate since 2003.  Economist Brian Wesbury looks ahead at what this means for the economy, stock market and interest rates in a one page analysis.    Hopefully Q4 will continue the trend.