Trump 47 Economy
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
|
U.S. DEC TRADE DEFICIT $70.3 BLN (CONSENSUS $55.5 BLN)
(highest since July) |
Anonymous
One of the worst years since 1960 and it was bad last month too!!! Are we great yet????? |
Anonymous
| GDP numbers must be bad if Trump is front running them, blaming it on the government shutdown, and not, you know, layoffs from companies, tariffs, crashing travel and tourism, lack of sales abroad of our Ag products and so on. |
Anonymous
|
“U.S. gross domestic product — the value of all goods and services produced across the economy — rose at a 1.4% seasonally and inflation adjusted annual rate in the final quarter of last year, the Commerce Department said Friday.
Economists surveyed by The Wall Street Journal expected a 2.5% reading.” |
Anonymous
|
On top of a lower than expected GDP, we also had a hotter than expected PCE inflation report at 3%
Also "Households saved 3.6% of disposable personal income in December, the lowest in more than four years. Outside of 2022, when consumers spent down some pandemic stimulus payments, the savings rate is the lowest it has been since 2008." https://www.investors.com/news/economy/federal-reserve-core-pce-inflation-rate-q4-gdp/ |
Anonymous
| Largest tariffs in 90 years" and also "largest trade deficit in 90 years. |
Anonymous
| THE SHARE OF US LOANS IN DELINQUENCY HAVE HIT THE HIGHEST SINCE 2017, PER BLOOMBERG. |
Anonymous
Anonymous
|
These are rates from obscure companies and likely involve point purchases. Overall 30 year hit 5.99 today, but who knows where rates will go with ongoing illegal tariffs. https://www.mortgagenewsdaily.com/ |