Fed downgrades US growth to 2.1%

StuAzole

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Jan 22, 2016
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And how about the new record monthly budget deficit growth in Feb?

https://www.foxbusiness.com/markets/us-budget-deficit-sets-february-record-of-234-billion

This is why 2.1% is bad. Trump's spending according to an economy that's growing at 4%+.

 

hal9000

Duke status
Jan 30, 2016
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StuAzole said:
And how about the new record monthly budget deficit growth in Feb?

https://www.foxbusiness.com/markets/us-budget-deficit-sets-february-record-of-234-billion

This is why 2.1% is bad. Trump's spending according to an economy that's growing at 4%+.

He's a cut and spend liberal.
 

hal9000

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Jan 30, 2016
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Why is Trump reporting a 3.1% 2018 GDP growth when it was 2.9%? And the 4th quarter was 2.6%.

Trump still hasn't even come close to Obama's best quarterly GDP of 5.1%.

SAD.
 

studog

Duke status
Jan 15, 2003
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hal9000 said:
Why is Trump reporting a 3.1% 2018 GDP growth when it was 2.9%? And the 4th quarter was 2.6%.

Trump still hasn't even come close to Obama's best quarterly GDP of 5.1%.

SAD.
cause he's a pathological lying used car salesman who can't tell the truth
 

Billy Ocean

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Jan 7, 2017
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hal9000 said:
Why is Trump reporting a 3.1% 2018 GDP growth when it was 2.9%? And the 4th quarter was 2.6%.

Trump still hasn't even come close to Obama's best quarterly GDP of 5.1%.

SAD.
You may have discovered a remarkable pattern among salesman in which they claim everything is better than it is
 

StuAzole

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Jan 22, 2016
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BillyOcean said:
hal9000 said:
Why is Trump reporting a 3.1% 2018 GDP growth when it was 2.9%? And the 4th quarter was 2.6%.

Trump still hasn't even come close to Obama's best quarterly GDP of 5.1%.

SAD.
You may have discovered a remarkable pattern among salesman in which they claim everything is better than it is
Harken back to that "5.9% GDP Growth COMING" thread you started once upon a time.

Lulz.
 

obslop

Rabbitt Bartholomew status
Feb 4, 2002
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lol. i see this guy wants to tie the USD to a commodity index.

good f-king luck on that one.

that ship sailed.
 

obslop

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Feb 4, 2002
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think about it. the treasury market (which is 4 times larger than the US stock market) is saying that it is willing to receive a lower yield on a note with a 10-year duration than a note with a 1-month duration.

tie your money up for 1 month and make more than putting it away for 10 years.

this is the treasury market's way of saying our economic future is fooked.

you'll be seeing a lot of this in the mainstream press:

https://www.usatoday.com/story/money/markets/2019/03/22/why-inverted-yield-curve-bad-its-potential-recession-signal/3246907002/
 

hal9000

Duke status
Jan 30, 2016
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obslop said:
think about it. the treasury market (which is 4 times larger than the US stock market) is saying that it is willing to receive a lower yield on a note with a 10-year duration than a note with a 1-month duration.

tie your money up for 1 month and make more than putting it away for 10 years.

this is the treasury market's way of saying our economic future is fooked.

you'll be seeing a lot of this in the mainstream press:

https://www.usatoday.com/story/money/markets/2019/03/22/why-inverted-yield-curve-bad-its-potential-recession-signal/3246907002/
I can explain to you how DNA replication, transposable elements, and genetic recombination occurs. I have no idea what any of that stuff you said means.

 

Billy Ocean

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Jan 7, 2017
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Money isn’t free

You rent it

You want to rent an apartment for 10 yrs, you’d expect to pay more than if you wanted to rent it for a month

But if people believed the building would collapse in 6 months, they’d pay more (per month) for a 1 month rental than a 10 yr rental

That’s a bit of an oversimplification but gives a bit of the point