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World May Be in Flames, but U.S. Economy Finally Catching Fire

From thefiscaltimes.com

The stock market has been under pressure for the first time in months. The Eurozone is faltering. China's credit issues never really went away. American airplanes are once more pounding bombs into the Iraqi desert. Russia and Ukraine. Gaza. There's a lot to worry about. Amid the geopolitical unrest, there one's shining beacon of good news to get optimistic about: After a weather- and inventory-related drag in the first quarter, the American economy is charging ahead in a big way. According to the folks at Cornerstone Macro, the economy is on track to grow at a near 5 percent annualized rate in the current quarter — ... (full story)

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  • Category: Breaking News