GDP down, Inflation up

GDP was expected to rise at 3.1%, but rose at 2.5%. Inflation continues to hedge up, though not at a panic causing rate. I mostly agree with consensus that interest rates will no longer continue to raise up. I say this because I have read several of the papers Bernake published in regards to the great depression. In short he just doesn't support bubble popping by the fed.

I think this is likely the correct play. Stocks are rallying on this "great news" of lower GDP (and by the way I'm going to put some sell orders in after making this post), but I think in the bigger picture this is confirming a lot of the trouble that has been building for several years.