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Message

re: -0.3% 1st Quarter GDP

Posted on 4/30/25 at 6:15 pm to
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11958 posts
Posted on 4/30/25 at 6:15 pm to
No it’s maybe the most lagging indicator you can find Unemployment being up there too. But it’s also a terrible measure of economic activity. This quarter being an excellent example of that.
Posted by oldskule
Down South
Member since Mar 2016
25099 posts
Posted on 4/30/25 at 6:22 pm to
LMAO.....what a troll!
Posted by beaux duke
Member since Oct 2023
4777 posts
Posted on 4/30/25 at 7:09 pm to
dear chat gtp - please fill in an answer i'm too stupid to respond to myself
do you think anyone believes you wrote that?
This post was edited on 4/30/25 at 7:12 pm
Posted by beaux duke
Member since Oct 2023
4777 posts
Posted on 4/30/25 at 7:33 pm to
could you respond in your own words, and not copy/pasta ai generated talking points?
spoiler - you can't
This post was edited on 4/30/25 at 7:34 pm
Posted by BugAC
St. George
Member since Oct 2007
57816 posts
Posted on 6/2/25 at 12:53 pm to
Bump to watch the same chicken little's try to attribute 2nd quarter GDP to Biden.
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
91318 posts
Posted on 6/2/25 at 1:56 pm to
4.6% up from 3.8

Is that good?
This post was edited on 6/2/25 at 2:15 pm
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90338 posts
Posted on 6/2/25 at 1:56 pm to
Beautiful!
Posted by Jbird
Shoot the tires out!
Member since Oct 2012
90338 posts
Posted on 6/3/25 at 8:34 am to
Gosh nobody wanted a chance?
Posted by HubbaBubba
North of DFW, TX
Member since Oct 2010
51674 posts
Posted on 6/3/25 at 8:55 am to
quote:

This will trigger a lot of ppl on here
Especially those sitting on the sidelines with cash. They're shorting America.
Posted by trinidadtiger
Member since Jun 2017
19913 posts
Posted on 6/3/25 at 8:57 am to
One, heck the description on the first page said the massive buyin on inventory amounted to almost a 5 point swing downward in GDP first quarter and we still came in negative .3. Thats very positive and explains why the second quarter is back to a healthy number.

Second, enough with the Powell bashing and the need to lower rates. You guys are crack cocaine addicts thinking lower rates solve everything, it does get you double digit inflation.

Powell is draining all the excess cash floating around. He has reduced the fed balance sheet by over 2 trillion with quantitative tightening, and its also reduced bank reserves by another 2 trillion. Thats why inflation has gone away.

The economy will be fine without a rate reduction. Let the free market be free.
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
1785 posts
Posted on 6/3/25 at 9:00 am to
This seems as devastating as the tariff crash!

3/10 of a percent.

How will we ever recover?

Smallest of prices to pay to bring manufacturing back to the USA.
Posted by Othello
the Neptonian Steel Mines
Member since Aug 2013
25048 posts
Posted on 6/3/25 at 9:07 am to
Thanks Trump!
Posted by Azkiger
Member since Nov 2016
27976 posts
Posted on 6/3/25 at 9:10 am to
quote:

Not good. Recession imminent by July.


Nah, the definition of recession was changed under the Biden admin. We good.
Posted by FLTech
he/won
Member since Sep 2017
28097 posts
Posted on 6/3/25 at 9:22 am to
Yup.. we are all going to die!!
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
25765 posts
Posted on 6/3/25 at 10:23 am to
quote:

Bump to watch the same chicken little's try to attribute 2nd quarter GDP to Biden.


Let us not celebrate a forecast and wait for true actual numbers. It will be better than expected, but 33% of the Q2 still has to play out.
Posted by jawnybnsc
Greer, SC
Member since Dec 2016
5993 posts
Posted on 6/3/25 at 11:19 am to
If anything the trade balance numbers will only improve. That's the bulk of the improvement. I don't see how this thing doesn't start tilting favorably in the next few months. The cards are on the table now and all of the doomsayers have shot their wad. Get ready to jump on the MAGA Train!
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
59118 posts
Posted on 6/3/25 at 11:31 am to
quote:

4.6% up from 3.8


It's not going to be 4.6%. It's impossible to accurately predict GDP so far out, but GDPNOW's estimates are rarely in the ballpark. Hell, their prediction for Q12025 was -2.7% while the reality was only -.2%. Since Q1 2021 their predictions have ranged vastly from being 2.27 points higher to 3.3 points lower than the actual reading.

We're seeing continuing jobless claims slowly increasing and construction quickly slowing while loan delinquency rates continue to rise.

It's possible (maybe even probable) that GDP for Q2 is going to be positive, but it's not going to be 4.6% positive.
Posted by FriendofBaruch
Member since Mar 2025
878 posts
Posted on 6/3/25 at 11:38 am to
quote:

Good day to buy

it literally is

however it is entirely market technicals based with an end on its way; largely echoing expectation and report of JOLTS (Job Opening and Labor Turnover Survey) this morning at 0900
This post was edited on 6/3/25 at 11:47 am
Posted by jizzle6609
Houston
Member since Jul 2009
19974 posts
Posted on 6/3/25 at 4:47 pm to
quote:

it literally is however it is entirely market technicals based with an end on its way; largely echoing expectation and report of JOLTS (Job Opening and Labor Turnover Survey) this morning at 0900


Just sold a smidge of meta and bought up CRWD after hours. Big dip. Hopefully a short term payoff then sell and sit.
Posted by dgnx6
Member since Feb 2006
89557 posts
Posted on 6/3/25 at 4:52 pm to
Beaux david duke is a bitch.

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