Breaking: Terrible GDP report just dropped… halfway to recession

With globalist Democrats who support outsourcing now, and fight Trump, trying to bring the jobs back.
Like Apple and their manufacturing move from China to India?

Did maga support or oppose President Biden's Chips Law?
 
But they love that guy along with Trump and his Chinese manufacturers of the Trump family brand and the many patents they hold in China, not America but China.

Trump has been criticzed as an outsourcer to China (even by Hillary Clinton in the 2016 election).
Turned out the Trump labels on Chinese ties she showed in her TV ads, were not outsourcing, They were brand licensing.
 
Trump has been criticzed as an outsourcer to China (even by Hillary Clinton in the 2016 election).
Turned out the Trump labels on Chinese ties she showed in her TV ads, were not outsourcing, They were brand licensing.
Trump was lying in the video or you have a bad habit of ignoring the truth.
 
Do you expect the four years of carnage to be solved in 100 days?
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Thats economic carnage in your world?
 
Don’t get ahead of yourself. It’s negative because we imported a ton of stuff before tariffs hit. There will probably be a rebound next quarter as imports drop a lot.

If Trump’s policies cause a recession, it’ll probably occur at the end of the year or early next year.
The Q2 drop will be in the -3% range and much worse as Q1 only had a few weeks of impact. Recession occurs with 2 negative quarters. We are in recession nothing will pull an increase in Q2 except maybe a full on reversal of Trumponomics today.
 
They may be holding on new projects but capital outlays are decided months or years in advance. I doubt they’d shit down current projects, so it’ll take some time for that to become apparent.

We need to remember that things don’t always happen right away. The market can move a lot, but actual spending and the data to reflect it takes time to change.
Capital project spending plans are plummeting. Its too late to fix.

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Citygator - March 2024...

"An early Easter is always bad for business. Weather has been cool in the southeast. And the soft sales just isn’t the recent robust growth.

It’s about time to cut interest rates. Not even the Fed wants Trump back so we’ll see them come soon.“

Post in thread 'Biden’s economy hit with one-two punch of bad data.' Biden’s economy hit with one-two punch of bad data.
That was a growth quarter my friend. I was wrong about rate cuts. Stingy Fed was right to hold and I was not correct on the cut.
 
Wonder if Trump is going to double-down on his tariffs or back-track on them. I think his tariff policies result in too much uncertainty for what he's going to do next and that is anti-thetical to economic growth.
 
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