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Message Subject Markets Have Turned South After GDP Bombs Everywhere!!! Futures Slump As Global Q4 GDPs Dump!!!
Poster Handle Anonymous Coward
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Markets Have Turned South After GDP Bombs Everywhere

Read more: [link to www.businessinsider.com]
 Quoting: Luisport


somebody please explain why a 1/1000 shift in GDP is of ANY significance at all? If I had 100 dollars, and I lost 10 cents, would it really matter?

"It started in Japan, where GDP came in at -0.1%, vs expectations of 0.1% growth."
 Quoting: Anonymous Coward 33699634


Would it matter if you lose 1 dollar?

It's not much to you, but in large economies it matters. Especially since growth translates into tax revenues and the ability to repay debt. No growth means rising debts.
 
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