Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,449
- 2,290
Its all beginning to kick in heavy 3.2% more to come. You think DumboBiden Kerry can clean up trade with China? Trump has a lot to attempt to fix. 50 years worth of malarkey to repair. It should get better when he breaks some foriegn backs.
I will believe the 3.2% is just a start with more to come when I see it. We have heard that every time Trump has a good Qtr, yet it never happens.
Some insight on the GDP rise...
Q1 GDP Smashes Expectations, Soars 3.2%, But The Real Story Is Below The Surface
That was the great news: the not so great news - the number was driven entirely by "one-time items" such as a surge in inventories and a far smaller trade deficit, pushing net trade sharply higher, neither of which is sustainable; meanwhile the core drivers of GDP - consumption and fixed investment - came in somewhat weak, dropping from Q4, with PCE and CapEx adding just 1.1%, or about a third, of the bottom line GDP number.
Let me ask: Are you aware of any MSM article (outside of Fox) that just gives Trump credit and that's it; without trying to put a negative spin on it?
Here, try to find one using this news:
Trump Renegotiates: $40 Billion Japanese Car Plants Coming to U.S.