contraction

In Germany and the U.K., less contraction among low performing firms—often stragglers—and reallocation to leading ones—often standouts—reduced economy-wide productivity growth relative to the U.S. by a full percentage point.

Gross domestic product grew at a 3.8% rate in the second quarter after a 0.6% contraction in the first, according to the Commerce Department.

The premium contraction may be owing to investors’ reluctance to reward Saylor for his financial engineering as he sold debt and shares to fund purchases of the underlying.

The economy has seen one of the sharpest disinflations in decades, and it has been achieved without a contraction in economic activity and with the employment share at an all-time high, Hauser said.

The economy has seen one of the sharpest disinflations in decades and it has been achieved without a contraction in economic activity, and with the employment share at an all-time high, he said.