– Chart Of The Quarter: $312 Billion In Debt “Adds” Negative $5 Billion In GDP (ZeroHedge, Jan 30, 2013):
What was it about the law of diminishing Fed stimulus returns again? But don’t worry: “the market is up.” Because if $165 billion in Q4 stimulus could not even generate a positive GDP return, at least it sent the Russell 2000 soaring.
Source: BEA, Treasury Direct