Report date: 04.28.2017
South Korea goes cashless, they are getting rid of coins.
Consumer confidence steady despite all the bad news.
US spending way down, this makes up 70% of the economy, but American’s are buying RV’s.
GDP collapses to .7%, this is the manipulated number, the real GDP is in the negative range.
Government shutdown looms, and congress decided to vote for a stop gap which will allow the government to continue to operate for 1 more week.
The Fed signals that the economy is still strong and will continue with rate increases because they believe it will bounce back in the 2nd quarter