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Started By
Message
re: -0.3% 1st Quarter GDP
Posted on 4/30/25 at 9:51 am to SDVTiger
Posted on 4/30/25 at 9:51 am to SDVTiger
quote:
You idiots on the money board claimed hes not playong politics now this
The flip flopping on the tariffs is what is keeping Powell from cutting rates. That's on your hero Trump. The uncertainty is going to continue to negatively impact stock market and potential rate cuts. This is level 0 type stuff. The problem isn't Powell its the chaos that Trump brings because he cant ever keep his mouth shut or stick to a script.
Posted on 4/30/25 at 9:51 am to TigersHuskers
We are ALL going to die!!!!!!!!!!!!!!!!!!!!!!!!!!!
Posted on 4/30/25 at 9:52 am to ronricks
yep things were PERFECT before he got into office. too bad your girl kamala didn't win because america would be a utopia right now.
Posted on 4/30/25 at 9:53 am to cajuntiger1010
quote:
Energy is unleashed
Energy doesn't get unleashed in a recession. Prices drop, exploration is limited, and production is shut in.
Posted on 4/30/25 at 9:54 am to TigersHuskers
Trumponomics in full effect.
It's basically bidenonmics with more chaos.
It's basically bidenonmics with more chaos.
Posted on 4/30/25 at 9:54 am to Burt Reynolds
quote:
Cutting government spending can reduce GDP
It reduces X2 as well which is bullshite. They count the salary and then the government spending to double their value. So it’s either a double positive or a double negative for gdp. Retarded
Posted on 4/30/25 at 9:54 am to ronricks
quote:
The flip flopping on the tariffs is what is keeping Powell from cutting rates
Posted on 4/30/25 at 10:03 am to Seldom Seen
You keep posting this bullshite as if it wasn’t expected or that Trump himself didn’t say it was expected.
I get it you probably sell a bunch of temu shite online and it’s hurting your bottom line but quit being so disingenuous or intellectually dishonest. You have completely lost your mind the last few months
I get it you probably sell a bunch of temu shite online and it’s hurting your bottom line but quit being so disingenuous or intellectually dishonest. You have completely lost your mind the last few months
Posted on 4/30/25 at 10:05 am to Sweep Da Leg
quote:
You keep posting this bullshite as if it wasn’t expected or that Trump himself didn’t say it was expected.
Dudes become one of the worst Panicans ever
Posted on 4/30/25 at 10:07 am to SDVTiger
While there was an overall small decrease due to trade, and that is bad, consumer spending and investments grew by 3%. While a decrease in GDP is not good, there are signs pointing to growth ahead if the tariff situation is worked out.
Posted on 4/30/25 at 10:09 am to Ten Bears
The Q1 numbers were due to a huge bump in imports ahead of tariffs. It should only be reasonable to expect the opposite effect post tariffs.
Bottom line: Q1 isn't as bad as it looks, and Q2 will look better than it is.
If we make a bunch of trade deals before the 90 day pause is up, adjusting interest rates will be totally unnecessary. If not...
Bottom line: Q1 isn't as bad as it looks, and Q2 will look better than it is.
If we make a bunch of trade deals before the 90 day pause is up, adjusting interest rates will be totally unnecessary. If not...
Posted on 4/30/25 at 10:10 am to Wildcat1996
Can someone explain this to me?
how does stocking up on foreign imports hurt GDP?
how does stocking up on foreign imports hurt GDP?
Posted on 4/30/25 at 10:14 am to ronricks
quote:
Could it possibly be that the problem isn't Powell but Trump himself for continually appointing these people?
I am so stoked for Trump to replace JP with Hulk Hogan.
Posted on 4/30/25 at 10:18 am to TigersHuskers
quote:I don't know that I'd go that far. But it does make Powell and the FOMC look like "real geniuses" in keeping rates above target. Doesn't it though?
Not good. Recession imminent by July.
Posted on 4/30/25 at 10:23 am to MajorityWhip
quote:"Inflation is always and everywhere a monetary phenomenon"
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!
-- Milton Friedman
"Tariffs are inflationary"
-- Jerome Powell
Posted on 4/30/25 at 10:24 am to CAD703X
quote:
because the last president was completely incompetent, passed EOs out of spite, destroyed a working econom
The irony
Posted on 4/30/25 at 10:32 am to NC_Tigah
quote:
quote:
Not good. Recession imminent by July.
I don't know that I'd go that far. But it does make Powell and the FOMC look like "real geniuses" in keeping rates above target. Doesn't it though?
You mean the bunch that ignores Truflation and always reacts 6 months late?
Posted on 4/30/25 at 10:40 am to JimEverett
I think I figured it out by myself - it takes me a little while
Buying foreign products and having them sit in a warehouse means a negative on GDP, as money is lost (going overseas). But once these items are sold it will result in positive numbers for GDP - a gain of the initial purchase plus any profit.
That makes sense.
Buying foreign products and having them sit in a warehouse means a negative on GDP, as money is lost (going overseas). But once these items are sold it will result in positive numbers for GDP - a gain of the initial purchase plus any profit.
That makes sense.
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