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GDP Hopes Slashed As Trade Deficit, Inventories Tumble In October

GDP Hopes Slashed As Trade Deficit, Inventories Tumble In October

The resurrected hopes of lift-off velocity GDP growth in America suffered a double whammy this morning.

 

A considerably bigger than expected trade deficit (-$62mm vs -$59mm exp) suggests Q4 GDP growth may take a hit...

 

and then wholesale inventories tumbled 0.4% MoM (the 2nd biggest plunge in over 3 years) notching more potential from economic growth hopes.

 

Still forget Q4 right? 2017 will be trumperrific.

FBI Boss: America Suffering ‘Unprecedented’ Pedophile Epidemic

FBI boss Joseph Campbell has admitted that America is currently suffering an “unprecedented” pedophile problem which has reached “epidemic levels”. According to the assistant director of the FBI’s Criminal Investigative Division, potentially hundreds of thousands of children are being sexually abused in pedophile rings across the U.S. Washigntonexaminer.com reports: Hundreds of children are sold every night for sex, the BBC reported in an investigative piece on child sex trafficking in the U.S. “The level of pedophilia is just unprecedented right now,” Campbell said.

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