US Hassett: GDP data shows strong growth ...Middle East

Data shows imported goods prices dropped.Fed very data-dependent.I expect they will catch up soon.We at the White House 100% respect Fed independence.Tarriff revenue important for deficit reduction.Hopeful that India will open up its markets to us.EU and Japan deals will help with capital spending boom.A deal with India will be an absolute game changer for the global economy.

The GDP data today surprised to the upside and it was preceded by a strong ADP employment report.

This article was written by Giuseppe Dellamotta at investinglive.com.

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