Corner of Wall & Main

We're halfway through the trading week and, for some, the picture continues to be as clear as mud. Let's try to shine a light on what we've heard from the economic data and company earnings we've received over the last few days.

To me, the biggest data ahead of Friday's nonfarm employment report was the initial gross-domestic-product reading for first-quarter 2014 this morning. We all knew it was going to be a bad report given the harsh winter and its impact on the economy, but the reported figure of 0.1% was far worse than the consensus view of 1%. In context, GDP in the December quarter clocked in at 2.6% while the reading on the year-ago March quarter was 1.1%....451 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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