Mismatch between capex-cautious but profit-rich corporations and already-levered but ready-to-take-on-more-debt consumers
The 1Q14 GDP print was a shocker, to say the least! Real GDP inched up a mere 0.1 percent SAAR, versus consensus expectations of 1.2-percent expansion. Sure, it is the advance estimate, with two more still to come. Sure it … Continued