The third quarter winds down with news that spring growth in GDP was revised upward to 4.6 percent. A sign that the recovery is finally gathering strength? Then there’s the news that Bill Gross is leaving PIMCO, rattling the bond market and a reminder never to confuse brains with a bull market. Stocks recovered. Yet the long-term unemployed still suffer.
So what worries you most, or pleases you most, looking ahead to the rest of the year? You may choose more than one answer:
This Week’s Links:
• The rise of the gimmick economy | Salon
• Developing a narrative: The Great Recession and its aftermath | Liberty Street Economics
• China’s Norinco, a defense giant on a global growth path | Businessweek
• A quarter century of wealth inequality, in eight charts | Angry Bear
• The tenacity of free-market fundamentalism | Naked Capitalism
• Beyond foreign aid | Tim Taylor
• Where marcoeconomics went wrong | Simon Wren-Lewis
Today’s Econ Haiku:
Jeff saved the WaPo
Next up, the Postal Service?
Like out of a book
Follow me on Twitter @jontalton — I guarantee you won’t be bored