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Started By
Message
-0.3% 1st Quarter GDP
Posted on 4/30/25 at 8:08 am
Posted on 4/30/25 at 8:08 am
Not good. Recession imminent by July.
32
Posted on 4/30/25 at 8:08 am to TigersHuskers
Something something something eggs and omelettes????
Posted on 4/30/25 at 8:09 am to TigersHuskers
The Fed is 100 Bps too high
Posted on 4/30/25 at 8:10 am to TigersHuskers
muh egggggggggggggggggggggggggggggggggggggs
stock market is heading to zeeeeeeeeeeeeeeeeeeeeeeeeeero
tariffs baaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaad
omg i hate trump now!!!!
stock market is heading to zeeeeeeeeeeeeeeeeeeeeeeeeeero
tariffs baaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaad
omg i hate trump now!!!!
Posted on 4/30/25 at 8:11 am to Man4others
quote:
The Fed is 100 Bps too high
Facts. Too late jerome is playing politics
This will trigger a lot of ppl on here
Posted on 4/30/25 at 8:11 am to TigersHuskers
Powell should cut now.
Get trade deals done
Congress pass big beautiful bill
Energy is unleashed
We feast
Get trade deals done
Congress pass big beautiful bill
Energy is unleashed
We feast
Posted on 4/30/25 at 8:12 am to CAD703X
quote:
muh egggggggggggggggggggggggggggggggggggggs
stock market is heading to zeeeeeeeeeeeeeeeeeeeeeeeeeero
tariffs baaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaad
omg i hate trump now!!!!
Good day to buy
Posted on 4/30/25 at 8:12 am to SDVTiger
quote:
Too late jerome is playing politics
Yup. He's doing this to hurt trump. He had no problem cutting last year to help his Democrat buddies.
Posted on 4/30/25 at 8:13 am to TigersHuskers
The Money Board chyna first geniuses cant handle that reality 
Posted on 4/30/25 at 8:13 am to Man4others
He should have cut rates when Trump told him to a few months ago. But he decided to go on TV and throw a hissy fit instead. Great job Jerome!
Posted on 4/30/25 at 8:14 am to Man4others
quote:
he Fed is 100 Bps too high
Nah. Let it ride. We need a pullback because the Fed F'd us with their ever elusive and inflationary soft landing BS.
Posted on 4/30/25 at 8:14 am to MajorityWhip
quote:
But he decided to go on TV and throw a hissy fit instead.
I'm sure he will do it again this week. Guy wants to hurt Trump at every turn. It's treasonous.
Posted on 4/30/25 at 8:17 am to TigersHuskers
Atlanta Fed GDPNow was predicting a negative 2,3.
The New York Fed Nowcast was predicting a positive 2.
Both missed badly.
The New York Fed Nowcast was predicting a positive 2.
Both missed badly.
This post was edited on 4/30/25 at 8:19 am
Posted on 4/30/25 at 8:20 am to TigersHuskers
quote:
Not good. Recession imminent by July.
Now that Biden is out were back to the two consecutive quarter definition, huh?
Posted on 4/30/25 at 8:20 am to TigersHuskers
Some actual content: WSJ
A contraction is a contraction, but this is still not October of 1929 as some so desperately want it to be.
quote:
U.S. Economy Contracts at 0.3% Rate in First Quarter
The reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected
quote:
The U.S. economy contracted in the first three months of 2025, as businesses rushed to stock up on imports ahead of tariffs.
The Commerce Department said U.S. gross domestic product—the value of all goods and services produced across the economy—fell at a seasonally and inflation adjusted 0.3% annual rate in the first quarter. That was the steepest decline since the first quarter of 2022.
Net exports, the difference between imports and exports, were a large drag on growth in the first quarter, stripping 4.83 percentage points from headline GDP. Imports increased at a 41.3% pace in the first quarter as businesses tried to get ahead of tariffs that began to come into effect during the first three months of the year and were dramatically increased in the current, second quarter.
“The headline decline overstates weakness because a lot of that was tariff-induced pull-forward,” said Shannon Grein, an economist at Wells Fargo. “Overall, I think that it was a relatively solid underlying report when it comes to demand.”
The reading fell short of the 0.4% growth that economists surveyed by The Wall Street Journal expected.
A contraction is a contraction, but this is still not October of 1929 as some so desperately want it to be.
Posted on 4/30/25 at 8:22 am to GumboPot
quote:
Atlanta Fed GDPNow was predicting a negative 2,3.
I thought they changed it to -2.7% the other day or did I read that wrong?
Posted on 4/30/25 at 8:23 am to TigersHuskers
Get to work Jerome. There's your signal.
Posted on 4/30/25 at 8:24 am to TigersHuskers
Look at the under lying details.
Higher imports (a subtraction from on shore production) is a big driver so is lower government spending.
I will take it if the trend continues. We need to choke the government smaller before it chokes us.
Higher imports (a subtraction from on shore production) is a big driver so is lower government spending.
I will take it if the trend continues. We need to choke the government smaller before it chokes us.
Posted on 4/30/25 at 8:25 am to stout
quote:
I thought they changed it to -2.7% the other day or did I read that wrong?
You are probably right. Every time a new economic report is published they adjust the number. It’s a moving target.
Posted on 4/30/25 at 8:25 am to Wildcat1996
quote:
at a seasonally and inflation adjusted
I guarantee you that the inflation adjustment was wrong and overstated.
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