The U.S. trade deficit dropped in May which is causing Wall Street firms to increase GDP growth estimates for the second quarter. Macroeconomic Advisers raised its forecast to 5.3%. They have one of the most detailed forecasts. Others are also increasing their estimates to 4.5% to 5%. * Consumer spending is strong with a strong job market and tax cuts. * Business investment has been strong with the tax cuts * the US trade deficit has been smaller than expected. Economists doubt the strong growth can last. Most predict GDP will slow in 2019 and 2020. The US dollar is
Screenshot: Warner Bros. Bad news for Max subscribers who’ve made re-watching The Lord of the Rings extended editions an annual New Year tradition: the third film in the trilogy, The Return of the King — which just celebrated its 20th anniversary! —is only available to stream in its theatrical version. No ancient evil is to blame, thankfully; it’s an unspecified “tech issue,” according to a Max spokesperson who responded to a comment request from Vulture after the issue was noted by dismayed fans on Reddit . The fact that The Return of the King extended edition is merely temporarily unavailable is actually good news given Max’s track record for removing content in the past, and the explanation makes sense considering The Fellowship of the Ring and The Two Towers remain available in both their theatrical and extended editions. The Max spokesperson assured Vulture that The Return of the King extended edition will be, ah, returning soon to the service, though as of this writing i...
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