The US economy is jacked up on unlimited breadsticks
Wednesday’s stock market freak-out aside, the real US economy — which largely consists of consumers buying stuff — looks pretty darn strong at the moment.
Q3 GDP was just revised up to a 3.1% annual rate, thanks in part to even more robust consumer spending than previously thought. And if that’s not enough for you, just look at Olive Garden owner Darden Restaurants, whose shares are soaring after reporting better-than-expected quarterly numbers and boosting its full-year sales outlook.