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Posted (edited)

I'll take JP Morgan's analysis over trump's lies

https://www.jpmorgan.com/insights/global-research/current-events/us-tariffs

 

"Largest tax increase since 1968"

 

In response to the auto tariff announcements, J.P. Morgan Research has further revised its growth and inflation forecasts. It now sees a 0.2 percentage point hit to U.S. GDP, which moves its estimate for the year down to 1.3%. Personal Consumption Expenditures (PCE) price inflation for 2025 is expected to climb to 2.7%, up 0.2 percentage points, while core PCE inflation is forecast to increase 0.3 percentage points to 3.1%.

“The worsening growth and inflation outcomes leave the Fed with a challenging dilemma. Absent labor market deterioration, there is a strong case for rates to be on hold indefinitely. However, the more challenging business environment increases the chances of just such a labor market deterioration,” said Michael Feroli, chief U.S. economist at J.P. Morgan. “We hold our call for cuts in June and September and will revisit after next week’s jobs report.”

Edited by Joe Ferguson forever
Posted
1 hour ago, JDHillFan said:

No need. You are over the top about everything and it’s very entertaining. Your hypocrisy is part of your charm. 
 

FLAG CODE! TORTURE IN THE AIRPORTS! NAZIS!


“hypocrisy” 

Posted (edited)
20 minutes ago, Roundybout said:


“hypocrisy” 

trump is playing checkers against chess masters

https://finance.yahoo.com/news/us-emerges-biggest-loser-markets-104344910.html

 

“Global asset allocators will be looking at the US in a very different way,” Neil Birrell, chief investment officer at Premier Miton Investors, said by phone. “Would international investors sell the US as a result of this and start moving money? Yes, they probably will.”

Overall, the dollar headed for its worst day in over two years, as traders prepared for the economic impact. The Japanese yen gained 1.9% against the greenback, and Treasury 10-year yields hit their lowest level since October, further weighing on the greenback.

Edited by Joe Ferguson forever
Posted
52 minutes ago, Joe Ferguson forever said:

I thought the same thing.  But I've been unable to find a report that refutes the number.  I did read that the tariff on dairy products was grossly misrepresented by trump.  we've never met the "small milk carton" threshold that he lied about and therefore never paid the tariff.  we've generally imported less than 1/2 the quota.  So, I strongly suspect he's lying about these numbers as well....


There is definitely supply management with respect to dairy in Canada but overall, Canada consumes American content, products and vacations there like its crack.  
 

You have not been getting ripped off.  It’s a lie.  

1 minute ago, BillsFanNC said:

 


Yes the richest economy in the world.  🙄

 

 

  • Agree 1
Posted
4 minutes ago, meazza said:


There is definitely supply management with respect to dairy in Canada but overall, Canada consumes American content, products and vacations there like its crack.  
 

You have not been getting ripped off.  It’s a lie.  


Yes the richest economy in the world.  🙄

 

 

 

:lol:

 

36 TRILLION in debt.

 

House. Of. Cards.

 

https://www.usdebtclock.org/

Posted (edited)
5 minutes ago, BillsFanNC said:

 

:lol:

 

36 TRILLION in debt.

 

House. Of. Cards.

 

https://www.usdebtclock.org/


Stick to medicine DR.


Maybe you should go back to talking to the quacks on the other side, you share their hubris on subjects you know nothing about. 

 

Edited by meazza
  • Haha (+1) 2
Posted
2 minutes ago, meazza said:


Stick to medicine DR.


Maybe you should go back to talking to the quacks on the other side, you share their hubris on subjects you know nothing about. 

 

oh, the guy who writes TV screenplays that no one can identify has transformed into a molecular biologist!

  • Haha (+1) 1
Posted
1 minute ago, meazza said:


Stick to medicine DR.


Maybe you should go back to talking to the quacks on the other side, you share their hubris on subjects you know nothing about. 

 

 

Deflection. Perfect.

 

 

And deflection to accusing me of being DR!!!

 

:lol:

 

Holy shlit you're a fuc.king imbecile

 

 

 

  • Haha (+1) 2
Posted
1 minute ago, BillsFanNC said:

 

Deflection. Perfect.

 

 

And deflection to accusing me of being DR!!!

 

:lol:

 

Holy shlit you're a fuc.king imbecile

 

 

 


You switched your handle from NC to DRs ghost you ***** moron. 
 

And then you switched it back. 

  • Haha (+1) 1
Posted
Just now, meazza said:


You switched your handle from NC to DRs ghost you ***** moron. 
 

And then you switched it back. 

 

And why did I do that?

 

Because morons of your ilk were accusing me of being DR when I came back here from the other board.

 

In other words I indulged their idiocy and triggered them immensely by doing the name change.

 

I've had this same account since 2003.

 

But you're right I'm typing up scripts about the next pandemic thriller...because I'm DR.

 

:lol:

 

Now about the debt. Anything?

 

 

 

 

  • Haha (+1) 1
Posted
18 minutes ago, BillsFanNC said:

 

First - All this above does is further show that JD Vance is a complete fraud...

 

If these tariffs are so great...why doesn't the stock market agree?

  • Like (+1) 1
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