GDP grew at 1.6% rate in the first quarter, lower than expected.....DOW opened down 500+ points

[luiza]

The Tilt Moment comes ever closer .

The entrance to the Big Ugly is wide open .

More Gold , Jeeves , and some of the other shiny stuff .

 

[Grumpyolman]

I'm glad to see the beginning of the downturn before the election.
They would blame it on the bad orange man otherwise.
Hell, they'll likely try to blame it on him anyway.
Joe sucks. Bad.

 

[ColonelAngus]

OP is a MAGA TRUMPTARD.

The economy is PERFECT!

Sincerely,
The Cult

 

[ColonelAngus]

You lefties cannot possibly spin this to “not bad” news, or even “good news”.

It is clearly very bad news. Cant blame Trump. You will try.

 

[Lastamender]

 

[citygator]

You lefties cannot possibly spin this to “not bad” news, or even “good news”.

It is clearly very bad news. Cant blame Trump. You will try.

View attachment 937617

Same growth rate as several of Trumps quarters With better employment numbers and wages. inflation hasn’t been bad in years as it has moderated to low 3s. Not sure what economy you are in but we just made a record profit quarter at my company.

 

[1srelluc]

DOW down 374 at close.....Up around 125 from the opening low.

 

[JohnDB]

 

[DudleySmith]

So you're terrified and lashing out.

Your delusions are funny.

 

[DudleySmith]

Throw in population growth plus the massive influx of low productivity illegal aliens into the mix for more fun.

 

[citygator]

Only finished down 325 points if I am not mistaken. Around 1%. Anyone still predicting Armageddon? Just curious.

 

[1srelluc]

Only finished down 325 points if I am not mistaken. Around 1%. Anyone still predicting Armageddon? Just curious.

It was a piss poor recovery from the opening.....Treasury yield was up too.....Folks running for a safe haven instead of buying on the dip.

 

[jotathought]

MSN

Economists had expected GDP growth to increase by 2.5%, so the reading is worse than anticipated.

Wall street is trying to put a good face on it hoping for fed rate cuts.

The Dow opened 500+ points down.

... and inflation rates are up ..

Sounds like stagflation ... bidenomics!

 

[Blisterfinger]

Nope. Just pointing out facts. Seems those scare you too.

The economy is fine for faun. She probably works at a pawn shop or sells liquor. Then again she probably doesn't work.

 

[Crepitus]

Your delusions are funny.

Your fear is too.

 

[airplanemechanic]

This is no shock to me. I haul around the "product" in gross domestic product. Loads are very hard to find right now. I spent 5 hours sitting in a parking lot today because not one, but TWO loads that were assigned to me got cancelled. I didn't even START to go find a load until 12:15 pm. And that load was over 300 miles away to pick up. I knew that there was no fucking way the GDP was high. Freight rates are very low right now because there are far more trucks than freight to put in them.

I know this economy sucks, I'm one of the people that keeps it moving.

 

[citygator]

... and inflation rates are up ..

Sounds like stagflation ... bidenomics!

Almosy all of the inflation over 2% was housing. Everything else was super chill around 2%.

 

[Faun]

The economy is fine for faun. She probably works at a pawn shop or sells liquor. Then again she probably doesn't work.

LOL

Literally, not a word of your jealous-laden post is even close to reality.

 

[Blisterfinger]

LOL

Literally, not a word of your jealous-laden post is even close to reality.

Well you are ignorant and stupid.

 

[Faun]

Well you are ignorant and stupid.

Slobbers the forum's dumbest poster.