When in doubt, just unleash the world's biggest permabull, and Groundhog Phil's archnemesis, [3]Joe LaVorgna, on social media in hopes of salvaging some of the crushed "recovery" narrative. For everyone else, sit back and enjoy the humor.
Since control was not as weak as the headline, the potential negative impact on Q4 #GDP [4] may be not as large as some think.
— Joseph A. LaVorgna (@Lavorgnanomics) January 14, 2015 [5]
After inflation-adjustment, retail control was likely positive last month. The labor market is booming.
— Joseph A. LaVorgna (@Lavorgnanomics) January 14, 2015 [6]
The economy generated 866k jobs last quarter so investors should not overly fret disappointing retail sales.
— Joseph A. LaVorgna (@Lavorgnanomics) January 14, 2015 [7]