"It's The Weather's Fault"

…but the second half of the year is going to be great… (or 3rd or 4th)

 

h/t @Not_Jim_Cramer

 

Of course, even if one believes that the weather is responsible for this – how worried should we be when cold weather in winter removes over 30% of the growth in US GDP!! Sustainable recovery or fragile and painful truth?

 

Oh and for some context on this collapse in the US, here is Russia – and everyone is up in arms how bad this has been…

 

Charts: Bloomberg

    



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