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Started By
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Gdp report
Posted on 4/30/25 at 9:37 am
Posted on 4/30/25 at 9:37 am
data is mixed under the hood
This post was edited on 5/2/25 at 9:09 am
Posted on 4/30/25 at 9:44 am to HailHailtoMichigan!
quote:
-0.3 is minus -0.3.
Is this to say that -0.3 is +0.3?

This post was edited on 4/30/25 at 9:46 am
Posted on 4/30/25 at 9:50 am to HailHailtoMichigan!
This is legit insane.
I’m seeing respected Econ commentators (ie not just maga influencers) trying to downplay or add nuance to the report.
Are they trying to pump n dump?
I’m seeing respected Econ commentators (ie not just maga influencers) trying to downplay or add nuance to the report.
Are they trying to pump n dump?
Posted on 4/30/25 at 9:59 am to HailHailtoMichigan!
There probably is some nuance to the reasoning (fundamentals vs. reversible influence) behind the drop, but as you say, a drop is a drop.
It’s not good, despite whatever bullshite cope comes out of the usual suspects.
It’s not good, despite whatever bullshite cope comes out of the usual suspects.
Posted on 4/30/25 at 10:00 am to HailHailtoMichigan!
Good thing the Biden administration changed the definition of “recession” so we can continue to avoid one
Posted on 4/30/25 at 10:01 am to Paddyshack
Bad news is they didn’t change the definition of “depression”, so there’s still that.
Posted on 4/30/25 at 10:01 am to HailHailtoMichigan!
Did you read it? Honestly didn't sound that bad.
Growth is artificially down because there was a 41% increase in imports (causing a 5% dip in GDP) because big companies were stocking up for the trade war. Next quarter will most likely have a massive artificial bump because of less imports coming in.
Growth is artificially down because there was a 41% increase in imports (causing a 5% dip in GDP) because big companies were stocking up for the trade war. Next quarter will most likely have a massive artificial bump because of less imports coming in.
This post was edited on 4/30/25 at 10:03 am
Posted on 4/30/25 at 10:15 am to TigerMan327
quote:
Growth is artificially down because there was a 41% increase in imports (causing a 5% dip in GDP) because big companies were stocking up for the trade war. Next quarter will most likely have a massive artificial bump because of less imports coming in.
Why would anyone care about the details, when they can just rant about a number they know nothing about
Posted on 4/30/25 at 10:16 am to TigerMan327
quote:Agree. Three other points:
Growth is artificially down because there was a 41% increase in imports (causing a 5% dip in GDP) because big companies were stocking up for the trade war. Next quarter will most likely have a massive artificial bump because of less imports coming in.
1. The government's automatic money printer has been turned off. That stupid thin air government money printing artificially inflates the GDP.
2. Numbers issued for Trump are always initially worse to make him look bad, and then revisions happen a couple of months later. It was the opposite for Biden and Obama.
3. Jerome Powell is actively trying to make Trump look bad.
This post was edited on 4/30/25 at 10:22 am
Posted on 4/30/25 at 10:20 am to 98eagle
Fed is going to restart QE in Q3 this year, in all likelihood, which will make Trumps policies look better than they have been.
Posted on 4/30/25 at 10:20 am to TigerMan327
Some of those imports are baked into the inventories number - which added +2.3% GDP.
This pre-tariff GDP number isn’t great especially when you pair it with the job report and PCE
This pre-tariff GDP number isn’t great especially when you pair it with the job report and PCE
This post was edited on 4/30/25 at 10:22 am
Posted on 4/30/25 at 10:24 am to Hateradedrink
If we have to roll over 9 billion dollars in debt, the ten year is going to have to come down. The only way to do that nowadays (because faith in US long duration debt is toast) is for the fed to buy our treasuries. It’s going to be a hell of a print.
Posted on 4/30/25 at 10:27 am to HailHailtoMichigan!
quote:
Sad thing is, this might be high water mark
At this point, it's just one data point. First negative quarter in a few years. Q2 and Q3 numbers will tell us how to read Q1.
Posted on 4/30/25 at 10:29 am to IMSA_Fan
quote:
This pre-tariff GDP number isn’t great especially when you pair it with the job report and PCE
Stagflation has arrived.
Posted on 4/30/25 at 10:51 am to HailHailtoMichigan!
PCE yoy at 2.3
Time to cut Jerome stop playing politics and dont be too late like always
Time to cut Jerome stop playing politics and dont be too late like always
Posted on 4/30/25 at 11:00 am to HailHailtoMichigan!
Down from +2.4 growth in Q4. Inflation was awful but the economy was healthy until there was a complete 180 on strategy.
Anyone think we’ll have positive growth this quarter? Hello, recession.
Anyone think we’ll have positive growth this quarter? Hello, recession.
Posted on 4/30/25 at 11:02 am to mmmmmbeeer
It’s tough to say. Imports clearly impacted this report, and there will be a “rebound” next report, but after? Who knows?
The bottom line is taxes slow velocity of money, and tariffs are a tax.
The bottom line is taxes slow velocity of money, and tariffs are a tax.
Posted on 4/30/25 at 11:25 am to Hateradedrink
quote:
There probably is some nuance to the reasoning (fundamentals vs. reversible influence) behind the drop, but as you say, a drop is a drop.
Yuuuge surge in imports this quarter. Imports are subtracted from GDP.
Government spending is also a component. The formula is G + I + C + (X - M).
Posted on 4/30/25 at 11:33 am to SDVTiger
So what's coming out of the White House isn't politics?
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