The market may cheer more free money for all, until the reality of Japan's issues gets a second look.
The manufacturing sector looked particularly strong this week, while housing data was mixed.
Hopefully, their boost in savings will start to burn a hole in the economy's pocket.
A sharp downward revision to first-quarter GDP will have many economists reaching for their erasers, but I'm taking a wait-and-see approach, writes Morningstar's Bob Johnson.
When examined more carefully, the economy seems to be picking up a little bit of steam.
Shopping center data hit new highs, auto sales broke all expectations in June despite strong headwinds, and pending home sales made one of their biggest jumps in the recovery.
This week's GDP report now makes my original full-year 2.0%-2.5% GDP forecast a real possibility, writes Morningstar's Bob Johnson.
Maybe investors have realized that the best growth prospects remain in the United States
Additional oil and gas production and shipments explain why the trade deficit has held steady or even improved amid the recovery.
After some truly horrendous data in December, January, and February, the economy needed its recent show of strength just to get back to the trend line.