todd-m-schoenberger-gdp
“The weaker-than-expected GDP print isn’t terribly surprising considering the political headwinds facing the country at that time.  The knee-jerk reaction from traders may place pressure on stocks in early trading, but at the end of the day the smart money will realize this data is backwards looking and can easily see how current economic sentiment readings are signaling a bullish start for the current quarter and, hopefully, all of 2017.”
– Todd M. Schoenberger, Director, Jones Falls Financial Publishing