ECON FUNG ORANGE ALERT: MARKET WATCH

doctor_fungcool

TB Fanatic
Headline from zerohedge.
.

Stagflation Shock: GDP Stuns With Lowest Print In 2 Years, Below Lowest Estimates, As PCE(inflation) Comes In Red Hot...more​

"The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, slower than consensus forecasts. Economists surveyed by Bloomberg estimated the US economy grew at an annualized pace of 2.5% during the period."
 

The Hammer

Has No Life - Lives on TB
Headline from zerohedge.
.

Stagflation Shock: GDP Stuns With Lowest Print In 2 Years, Below Lowest Estimates, As PCE(inflation) Comes In Red Hot...more​

"The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, slower than consensus forecasts. Economists surveyed by Bloomberg estimated the US economy grew at an annualized pace of 2.5% during the period."
It's...

Wait for it...

Unexpected.
 

hiwall

Has No Life - Lives on TB
We all know that the markets are not ready to drop yet. Yes, drop today then mostly flat tomorrow then start rising the next day. Fluctuating markets ahead.

The correction will come, just not yet. Way too much loose money floating around with steady huge influxes from our gov and the Fed.
 

Hawkgirl_70

Veteran Member
We all know that the markets are not ready to drop yet. Yes, drop today then mostly flat tomorrow then start rising the next day. Fluctuating markets ahead.

The correction will come, just not yet. Way too much loose money floating around with steady huge influxes from our gov and the Fed.
Do you think the correction will come before November?
 

Seeker22

Has No Life - Lives on TB
Headline from zerohedge.
.

Stagflation Shock: GDP Stuns With Lowest Print In 2 Years, Below Lowest Estimates, As PCE(inflation) Comes In Red Hot...more​

"The Bureau of Economic Analysis's advance estimate of first quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 1.6% during the period, slower than consensus forecasts. Economists surveyed by Bloomberg estimated the US economy grew at an annualized pace of 2.5% during the period."

If the US economy was an old 350 Chevy engine, we'd have blown rods out the hood by now.
Col. Macgregor thinks we can't make war this way. I agree.

Wonder what the Ninja is saying about today's news? May have to wander over there and see.
 
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