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re: Q1 GDPnow estimates have risen substantially over last 3 weeks
Posted on 4/19/19 at 1:49 pm to 90proofprofessional
Posted on 4/19/19 at 1:49 pm to 90proofprofessional
quote:
I wouldnt be surprised to see a 4% for Q2
wow, is that an actual trumpkin projection?
Proof, off the sauce my friend, do you know what the actual was for Q2 last year??? Thats right 4.2% so a 4 for this year would not even be a stretch, in fact Trumps record of beating quarterly YOY percent increases is pretty impressive so Ill up it to 4.3%.
Posted on 4/19/19 at 1:54 pm to funnystuff
quote:
This is awesome news, and supports the assertion that the fed is acting in a productive manner. Won’t ever understand why this board is always so quick to turn every economic development into a critique of the fed
Probably because the fed is scum and should never have happened and I think it was also never ratified!
Posted on 4/19/19 at 2:02 pm to trinidadtiger
quote:
the actual was for Q2 last year??? Thats right 4.2% so a 4 for this year would not even be a stretch, in fact Trumps record of beating quarterly YOY percent increases is pretty impressive so Ill up it to 4.3%.
props for laying down a figure and a rationale. depending on how q1 actually winds up, i think q2's figure tops out at 3.5 or 3.6. i might say as high as 4 if q1 DID turn out to be sub-1%, but i never thought that was going to happen (and have said as much)
Posted on 4/19/19 at 4:21 pm to omegaman66
Explain to me exactly why you feel that ‘scum’ is the correct word to use.
And just so you know, the Fed Reserve was founded at the end of the 1913...
From 1854 to 1913 (59 years) we had 15 contractions in the United States. They averaged just under 16 months in duration and expansions averaged about 24.5 months in duration...
From 1914 to present (105 years) we’ve had only 18 contractions. They averaged just over 13 months in lengths. And expansions in that time have averaged just over 50 months in duration. 50...
The fed is obviously not the only factor in that divide, but they are hands down the most significant one. Gotta give respect where it is due.
And just so you know, the Fed Reserve was founded at the end of the 1913...
From 1854 to 1913 (59 years) we had 15 contractions in the United States. They averaged just under 16 months in duration and expansions averaged about 24.5 months in duration...
From 1914 to present (105 years) we’ve had only 18 contractions. They averaged just over 13 months in lengths. And expansions in that time have averaged just over 50 months in duration. 50...
The fed is obviously not the only factor in that divide, but they are hands down the most significant one. Gotta give respect where it is due.
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