By scott miller
Less than three weeks after the Dow and the S&P 500 notched new highs and the Nasdaq passed 5,000, all three indexes were down after a series of reports showed that economic growth had all but stalled. There are plenty of culprits, lousy winter weather, a stronger dollar, cheaper oil, the West Coast port slowdown, but it was hard to shrug off the numbers. Plus, the final figure for fourth-quarter GDP was below expectations, and the forecast for first-quarter growth was revised downward. The government’s final revision for growth for the last three months of 2014 came in at 2.2 …
Source:: Vail Daily Feed