Investment Office Logo

...regarding poor investment returns on GDP

Quote
Steven Romick
Nedgroup Investments, April 2014

“GDP  has increased by just $2.2 trillion since 2008, despite a $7.3 trillion increase in U.S. government debt since 2008, part of which funded a more than $3 trillion increase in the Fed’s balance sheet. This poor return on investment isn't new; it's just getting worse."