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October 27, 2011



We also had fewer devastating earthquakes and tsunamis in Japan.

Nathan Smith

And the European debt default was accelerating, and there was severe weather in the northeast, which would both point the other way. It's the investment number I'm focused on. By the way, the fact that the stock market went down after the debt deal doesn't support my theory at all. So it's mixed. But this is a very notable favorable data point.


I think the real effect will come when the supercommittee comes out with a plan, and if something substantial gets passed.

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The U.S. economy expanded at a much faster pace in the third quarter.

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