We’ve had a lot of sweet economic news lately. The Gross Domestic Product was announced to have grown at an annualized rate of 3.5% in the third quarter, which even after it was revised down to 2.8% seems like a decent number. The number of new unemployment claims was down to 474k last week, and the unemployment rate fell from 10.2% to 10.0%. It’s all good, right?
Plus, we have less than two weeks until Santa arrives! Better make cookies!