Growth forecasts are rising and the economy looks nowhere near as bad as the bond market predicts
Shoppers walking in the Herald Square area of New York.
Michael Nagle | Bloomberg | Getty ImagesBy any number of measures, the U.S. economy is outshining the depressed picture the bond market has been painting of U.S. growth, and a big part of it is the resilient American consumer.
The latest batch of U.S. economic data, released Thursday, shows a strong consumer and a mixed picture for…