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Economic growth is close to zero for the fourth quarter, according to Fed gauges
Posted on 11/15/19 at 9:27 pm
Posted on 11/15/19 at 9:27 pm
quote:
According to the Atlanta Fed's GDPNow, growth is likely to come in at just 0.3%. The New York Fed's GDP Nowcast is showing a gain of 0.4%.
LINK
It’s like I’m taking crazy pills. Everyone aside from Trump, Mnuchin, and I are celebrating how strong the USD is. Until we depreciate the USD to make it competitive in exports our GDP growth is going to suffer. How only the three of us understand this baffles my mind.
This post was edited on 11/15/19 at 9:28 pm
17
Posted on 11/15/19 at 9:27 pm to OleWarSkuleAlum
seriously.. gfy.
Posted on 11/15/19 at 9:28 pm to OleWarSkuleAlum
Cnbc 
Posted on 11/15/19 at 9:29 pm to OleWarSkuleAlum
quote:
According to the Atlanta Fed's
I found the issue.
Posted on 11/15/19 at 9:31 pm to OleWarSkuleAlum
So what you’re saying is we should sell our stock now that we’ve broken the 28,000 threshold?
Posted on 11/15/19 at 9:32 pm to OleWarSkuleAlum
I’m sure they’re not just downplaying it before it’s over. They never do that during a trump presidency.
Posted on 11/15/19 at 9:32 pm to TitleistProV1X
quote:
So what you’re saying is we should sell our stock now that we’ve broken the 28,000 threshold?
No what I’m saying is that if the fed understood monetary policy even in the slightest bit we would be to the moon right now...
Posted on 11/16/19 at 2:24 am to OleWarSkuleAlum
quote:
Everyone aside from Trump, Mnuchin, and I are celebrating how strong the USD is.
How only the three of us understand this baffles my mind.
Mighty high opinion you have of yourself. Tell us again how JBE is good for Louisiana despite being the only state to lose jobs.
Posted on 11/16/19 at 2:39 am to OleWarSkuleAlum
Just today the DOW set ANOTHER record today. My portfolio looks great while you’re are worrying about “growth?”
This post was edited on 11/16/19 at 2:40 am
Posted on 11/16/19 at 2:51 am to OleWarSkuleAlum
RAWL TARD!
Posted on 11/16/19 at 4:45 am to TigerWhatIR
your linked pictures esp 3 and 4 show a much prettier picture
Posted on 11/16/19 at 6:31 am to OleWarSkuleAlum
quote:
No what I’m saying is that if the fed understood monetary policy even in the slightest bit we would be to the moon right now...
Yeah, because some internet troll knows more about monetary policy than the fed.
Posted on 11/16/19 at 6:54 am to OleWarSkuleAlum
quote:
Atlanta Fed's GDPNow, growth is likely to come in at just 0.3%. The New York Fed's GDP Nowcast is showing a gain of 0.4%
they're at the low end of what the crowd is saying though- others are as high as almost 2.0%.
that said, anything in that neighborhood seems disappointing since we're on the high side of an economic expansion, with about a $trillion (and growing) of deficit-fueled stimulus flowing, and zero/negative real rates.
Posted on 11/16/19 at 7:02 am to OleWarSkuleAlum
If there aren't enough people to fill the jobs currently open who cares if economic growth pauses?
I wonder if everybody else's new hires have been as shitty as ours lately (and I work for a big company tht is one of those officially designated "great places to work").
All that matters is finding something to blame on OMB.
I wonder if everybody else's new hires have been as shitty as ours lately (and I work for a big company tht is one of those officially designated "great places to work").
All that matters is finding something to blame on OMB.
Posted on 11/16/19 at 7:10 am to OleWarSkuleAlum
quote:
if the fed understood monetary policy even in the slightest bit
Posted on 11/16/19 at 7:14 am to OleWarSkuleAlum
It’s because you’re an expert in crypto.
Posted on 11/16/19 at 7:33 am to Errerrerrwere
quote:
Just today the DOW set ANOTHER record today. My portfolio looks great while you’re are worrying about “growth?”
What do you think drives that DOW record? GDP growth
Posted on 11/16/19 at 7:35 am to Janky
quote:
Yeah, because some internet troll knows more about monetary policy than the fed.
Apparently Powell and his merry gang of losers don’t understand that allowing the USD to appreciate to record levels against virtually all currencies globally hurts our exports and kills our GDP growth.
Posted on 11/16/19 at 7:35 am to OleWarSkuleAlum
Will we're headed for recession. Have been for almost half the year. At least according to the MSM.
Posted on 11/16/19 at 8:05 am to OleWarSkuleAlum
quote:
What do you think drives that DOW record? GDP growth
Actually, company profits and forecasts from the DJIA 30 would be the driving force behind the growth in the DOW. Those earnings can come from anywhere, including foreign business, which if they are in the DJIA 30 then they certainly have international business.
Our GDP growth certainly has some correlation to the market but no they are absolutely not one and the same.
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