Tommy Callahan Posted May 29 Share Posted May 29 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted May 29 Share Posted May 29 Good. Should of happened years ago. Link to comment Share on other sites More sharing options...
Irv Posted May 29 Share Posted May 29 Dow dropping like a stone today. Nice job Biden. What a mess. Link to comment Share on other sites More sharing options...
The Frankish Reich Posted May 29 Share Posted May 29 1 hour ago, Irv said: Dow dropping like a stone today. Nice job Biden. What a mess. How exactly is Biden to blame for a 1-day drop? Link to comment Share on other sites More sharing options...
Irv Posted May 30 Share Posted May 30 (edited) 4 hours ago, The Frankish Reich said: How exactly is Biden to blame for a 1-day drop? Ask your mom! Edited May 30 by Irv 1 Link to comment Share on other sites More sharing options...
B-Man Posted May 30 Share Posted May 30 Anyone surprised ? US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending Associated Press, by Paul Wiseman Washington — The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said Thursday in a downgrade from its previous estimate. Consumer spending rose but at a slower pace than previously thought. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services — expanded at a 1.6% rate last quarter. The first quarter’s GDP growth marked a sharp slowdown from the vigorous 3.4% rate in the final three months of 2023. https://apnews.com/article/economy-growth-inflation-gdp-consumers-federal-reserve-a6c0086a4a55111c38939bf6cfa0db79 . 1 Link to comment Share on other sites More sharing options...
B-Man Posted June 4 Share Posted June 4 1 Link to comment Share on other sites More sharing options...
Doc Posted June 4 Share Posted June 4 On 5/30/2024 at 9:56 AM, B-Man said: Anyone surprised ? US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending Associated Press, by Paul Wiseman Washington — The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said Thursday in a downgrade from its previous estimate. Consumer spending rose but at a slower pace than previously thought. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and services — expanded at a 1.6% rate last quarter. The first quarter’s GDP growth marked a sharp slowdown from the vigorous 3.4% rate in the final three months of 2023. https://apnews.com/article/economy-growth-inflation-gdp-consumers-federal-reserve-a6c0086a4a55111c38939bf6cfa0db79 Credit card debt will surpass $1.2T shortly. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted June 4 Share Posted June 4 1 Link to comment Share on other sites More sharing options...
Big Blitz Posted June 7 Author Share Posted June 7 Link to comment Share on other sites More sharing options...
Tiberius Posted June 7 Share Posted June 7 😍272,000 jobs!!!!!😍 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted June 7 Share Posted June 7 Just now, Tiberius said: 😍272,000 jobs!!!!!😍 More government workers, part-time bartenders and waiters and other part-time jobs. Contrast that 272K to the household survey which says 408K jobs were lost in April. Unemployment up to 4% and workforce participation rate fell. While the 272K number seems good for the President, its actually bad news. The BLS number will keep the Fed on hold. Rate cuts will be delayed and the economy will slow further into recession before the election and voters will feel it. 1 Link to comment Share on other sites More sharing options...
Tiberius Posted June 7 Share Posted June 7 7 minutes ago, All_Pro_Bills said: More government workers, part-time bartenders and waiters and other part-time jobs. Contrast that 272K to the household survey which says 408K jobs were lost in April. Unemployment up to 4% and workforce participation rate fell. While the 272K number seems good for the President, its actually bad news. The BLS number will keep the Fed on hold. Rate cuts will be delayed and the economy will slow further into recession before the election and voters will feel it. 😍272,000 jobs!!!!!😍 1 Link to comment Share on other sites More sharing options...
phypon Posted June 7 Share Posted June 7 10 minutes ago, All_Pro_Bills said: More government workers, part-time bartenders and waiters and other part-time jobs. Contrast that 272K to the household survey which says 408K jobs were lost in April. Unemployment up to 4% and workforce participation rate fell. While the 272K number seems good for the President, its actually bad news. The BLS number will keep the Fed on hold. Rate cuts will be delayed and the economy will slow further into recession before the election and voters will feel it. He doesn't understand how the numbers work and is only picking the one that makes him "feel good". 2 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted June 7 Share Posted June 7 1 Link to comment Share on other sites More sharing options...
Tiberius Posted June 7 Share Posted June 7 Just now, Tommy Callahan said: Everything is rigged, right? It's cute how you guys make up your own reality 1 1 Link to comment Share on other sites More sharing options...
phypon Posted June 7 Share Posted June 7 1 minute ago, Tiberius said: Everything is rigged, right? It's cute how you guys make up your own reality I'm going to give you ONE HUNDRED DOLLARS! All you have to do to claim your ONE HUNDRED DOLLARS! is give me $120 and I will give you ONE HUNDRED DOLLARS! Deal? 2 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted June 7 Share Posted June 7 (edited) Tibs doesn't understand the topic. Edited June 7 by Tommy Callahan Link to comment Share on other sites More sharing options...
Tommy Callahan Posted June 7 Share Posted June 7 Link to comment Share on other sites More sharing options...
Tiberius Posted June 7 Share Posted June 7 😍272,000 jobs!!!!!😍 1 Link to comment Share on other sites More sharing options...
Recommended Posts