CNBC Power Lunch June 25, 2014
Nyse. Hi, simon. Hey, sue. Its the economy. We start with the data, the final present on First Quarter gdp is in and its not good, the u. S. Economy shrinking at an allual rate of 2. 9 between january and march. Thats the worst for five years. Durable good numbers dropping like a refrigerator, down 1 in may. Most of that drop in fairness is being blamed on lower demand for military equipment. Cnbc. Coms jeff cox is here. We call him sometimes our black swan. He sees danger ahead. Jeff, youre saying basically people should forget the vix, which is obviously very low. Theres a more sophisticated...
Source: archive.org