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MICHELLE MEYER: GDP Was 'Grossly Distorted', And You Should Fade The Headline

Wall Street's take on today's GDP report is very much in line with ours: The number was good, it was the headline that was weird and misleading. BofA's Michelle Meyer's take? The GDP report was a 'grossly distorted print'. She recommends fading the report, meaning, bet against the prevailing take. Fade the negative GDP headline GDP contracted 0.1% in Q4, significantly below expectations.
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Barclays' Michelle Meyer: You Idiots Are About To Miss The Recovery!

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Star economic analyst Michelle Meyer warns that those of us looking at today's miserable jobs numbers or focusing on the economic distortions from Cash for Clunkers are going to miss the recovery. From CNBC: Join the conversation ab...

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