RE:RE:April US Services Survey Shows Increase in AprilAbsolutely not.
You generalize from specifics.
I am looking at the US economy month by month.
This is for the month of April which is the last month of Q1.
So, with all three months now index reported, it looks better than Q1 of last year .
This is quite consistent with the ATZ outlook.
As for the next quarter, who really knows the outcome .
If the herd is correct in its crying of Wolf, there will probably by another QE by some other name .
That changes everything to the upside .