Terri4Trump
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Hold That Recession: U.S. Indicators Are Trouncing Forecasts
Bloomberg - Hold That Recession: U.S. Indicators Are Trouncing Forecasts
The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump.
The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations. The gauge continued to advance after swinging to positive from negative on Tuesday for the first time this year. The data also pushed a similar measure produced by Citigroup Inc. to the highest level since April 2018.
ME: Once again Trump is winning, America is winning, and the haters are losing. There is no recession, never was. MAGA
Bloomberg - Hold That Recession: U.S. Indicators Are Trouncing Forecasts
The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump.
The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations. The gauge continued to advance after swinging to positive from negative on Tuesday for the first time this year. The data also pushed a similar measure produced by Citigroup Inc. to the highest level since April 2018.
ME: Once again Trump is winning, America is winning, and the haters are losing. There is no recession, never was. MAGA