Federal Reserve now predicts Q2 Gdp growth of 3.8%

[Nostra]

Dummy, why the hell would it be dropping when all the imports got more expensive? Because you wish it was so?

Fed is not keep high interest rates because they think inflation is falling, they are keeping it up because they don't belive that.

"We'll have to wait until next month to get a real sense of how tariffs are affecting the economy," Morgan Stanley Wealth Management chief economic strategist Ellen Zentner said. "The question isn't whether tariffs will have an impact, it's a question of how big that impact will be."

https://finance.yahoo.com/news/fed-set-to-hold-rates-steady-despite-as-good-as-it-gets-inflation-print-144428842.html

Shaddup. Any inflation will be transitory.

 

[kyzr]

Q1 was negative. What did that prove dumbass?
Time for some introduction to basic economic cause and effects:
Q1 was more negative due to accelerated imports as companies wanted to stock up ahead of big tarrifs.
Q2 is more positive due to exactly opposite dynamic - companies imported less.

LOL, it proved that the chikin shit money experts saw a recession where there wasn't one, duh.

 

[AntonToo]

LOL, it proved that the chikin shit money experts saw a recession where there wasn't one, duh

Dummy you are saying it from current knowledge that TRUMP CHICKENED OUT and cancelled his insane April tarrif announcement.

We would be in a much different place today if he actually stayed the course into economic oblivion.

 

[kyzr]

Dummy you are saying it from current knowledge that TRUMP CHICKENED OUT and cancelled his insane April tarrif announcement.

We would be in a much different place today if he actually stayed the course into economic oblivion.

Tariffs didn't go away. They are being negotiated. Not an excuse for 3.8% GDP growth is it?
US Steel and Nippon Steel figured out how to beat the tariffs.

 

[AntonToo]

Tariffs didn't go away.

Trump stopped his April tarrifs, stop posting bullshit.

There is a "pause" and no one is paying them to date.

Markets have pretty much assumed Trump will keep chickening out. Maybe they are wrong on that, but they are proceeding as usual untill Trump does something real.

 

[Nostra]

Trump stopped his April tarrifs, stop posting bullshit.

There is a "pause" and no one is paying them to date.

Markets have pretty much assumed Trump will keep chickening out. Maybe they are wrong on that, but they are proceeding as usual untill Trump does something real.

If nobody is paying them how are we raising billions from them, Simp?

https://finance.yahoo.com/news/trumps-tariff-revenue-has-already-topped-22-billion-in-may-163443155.html

 

[Paradoxical#1]

Well, so much for that doom and gloom talk. The economy is on fire...

FEDERAL RESERVE NOW PREDICTS 3.8% GDP GROWTH IN Q2.

I bet MSM is covering this 24/7

 

[kyzr]

Trump stopped his April tariffs, stop posting bullshit.
There is a "pause" and no one is paying them to date.
Markets have pretty much assumed Trump will keep chickening out. Maybe they are wrong on that, but they are proceeding as usual until Trump does something real.

Don't you ever get tired of being wrong?

Trump's tariff gamble sends revenues soaring to record $23 billion in May

As of May 28, the U.S. had collected $68.23 billion in tariff revenue for 2025—an increase of 78 percent over the same period last year.

www.newsweek.com

Trump Tariff Revenue Soars in May​

 

[AntonToo]

Don't you ever get tired of being wrong?

Trump's tariff gamble sends revenues soaring to record $23 billion in May

As of May 28, the U.S. had collected $68.23 billion in tariff revenue for 2025—an increase of 78 percent over the same period last year.

www.newsweek.com

Trump Tariff Revenue Soars in May​

Where am I wrong dummy?

Some of Trump's milder pre-April tarrifs were not canceled, the new April tarrifs were cancelled after being in effect for a bit.

THIS is what was halted when bond market started to explode.

And BTW who the hell do you think is going to pay that 40 billion dollars in YTD additional taxes on products? If you don't think it's YOU and other American consumers then you are living in a fantasy land.

Trump's taxes are rasing inflation and it's only a question of by how much.

 

[kyzr]

Where am I wrong dummy?
Some of Trump's milder pre-April tariffs were not canceled, the new April tariffs were cancelled after being in effect for a bit.
THIS is what was halted when bond market started to explode.
And BTW who the hell do you think is going to pay that 40 billion dollars in YTD additional taxes on products? If you don't think it's YOU and other American consumers then you are living in a fantasy land.
Trump's taxes are raising inflation and it's only a question of by how much.

You are wrong because...you posted:
"Trump stopped his April tariffs, stop posting bullshit.
There is a "pause" and no one is paying them to date."

I proved in post #208 that the tariffs were still in effect and still raising significant revenue. QED.

 

[Nostra]

If nobody is paying them how are we raising billions from them, Simp?

https://finance.yahoo.com/news/trumps-tariff-revenue-has-already-topped-22-billion-in-may-163443155.html

: crickets: from AntonToo

 

[AntonToo]

You are wrong because...you posted:
"Trump stopped his April tariffs, stop posting bullshit.
There is a "pause" and no one is paying them to date."

I proved in post #208 that the tariffs were still in effect and still raising significant revenue. QED.

READ, you didn't prove shit because there were other tarrifs.

If Trump wouldn't halt April liberation tarriffs we'be talking about around $60-80 billion, not 20 billion for May import taxes.

 

[Nostra]

READ, you didn't prove shit because there were other tarrifs.

If Trump wouldn't halt April liberation tarriffs we'be talking about around $60-80 billion, not 20 billion for May import taxes.

You said nobody is paying the tariffs. How are we getting tens of billions each month?

 

[Correll]

You said nobody is paying the tariffs. How are we getting tens of billions each month?

Libs just say shit.