now who can tell me, is this good news or bad news to bull.
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(Reuters) - Britain's economy grew twice as fast as expected in the third quarter of this year, easing fears the recovery is faltering and dimming the chance of more quantitative easing from the Bank of England.
This is indeed, a very bullish sign for commodity and equity. According to the last FED meeting minutes, Bernanke's target is now a steady path of 'GDP growth', in another words, price level. The dropping home price now gives FED one more justification to print more money!