This is freaky, Japan’s Phillips curve.
Q4-2010 GDP growth numbers at 2.8% versus expectations of 3.3%, disappointing if it weren’t that stock prices have fallen for 3 days in a row and are due a bounce. After the end-of-month games are over, it may pay to revisit some shorts. Meanwhile, if you are so inclined, make lists.
Boeing gets a huge defense contract despite expectations that EADS would. The govt is trying to keep jobs here people.