"As the world waits breathless for tomorrow's preliminary (only to be revised again and again) GDP estimate for Q2 2013 (having seen expectations collapse in recent months), there remains the ever-present faith that Q3, Q4, and on and on will see the mean-reverting growth lift the US economy from its current 'Better-Bargain'-less dystopia.
So what happens next?
Well, let's look at the trajectory of GDP expectations in 2007..."
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