Biden’s economy

[Anonymous]

U.S. economy grew 2.8% in the second quarter, a robust strengthening
https://www.cnbc.com/amp/2024/07/25/us-gdp-q2-2024.html

[Anonymous]

Soft landing and continued growth!

Thanks Joe.

The US economy grew at a faster than expected pace in the second quarter.

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 2.8% during the period, well above the 2% growth expected by economists surveyed by Bloomberg. The reading came in higher than first quarter GDP, which was revised down to 1.4%.

Meanwhile, the "core" Personal Consumption Expenditures index, which excludes the volatile food and energy categories, grew by 2.9% in the first quarter, above estimates of 2.7% but significantly lower than 3.7% gain in the prior quarter.

[Anonymous]

Jobless claims fell as well

[Anonymous]

Anonymous wrote:Jobless claims fell as well

And here's why this is bad for Biden! Lol! I mean, what more do you want other than bringing interest rates back down once inflation is under control.

[Anonymous]

[Anonymous]

Never change, GOP

[Anonymous]

Shameful FOX news, cheering for bad news.

[Anonymous]

Anonymous wrote:

They are always so visibly bothered that the economy is going well.

[Anonymous]

[Anonymous]

[Anonymous]

Unless the Fed is political for Trump, the rate cutting should commence.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Gold price? This isn't 1968.

Central banks are buying gold at an accelerated rate. Especially BRICS nations

Exactly. The lib sheep just can’t see the writing on the wall. What’s wrong with them?

[Anonymous]

Anonymous wrote:I raised my prices 40 percent.

Nobody batted an eye because they expect it and can’t get anybody else to be cheaper.

I’m going to raise them again in February.

Prices on what and where?
Crickets.

[Anonymous]

Any financial genius wanna tell me why stocks are being so bumpy post Q2?

[Anonymous]

Anonymous wrote:Any financial genius wanna tell me why stocks are being so bumpy post Q2?

They are always bumpy and if you look at daily stock market reporting you can see what particular news is driving it. You can always expect them to go up when the pce or cpi report comes out and is good, and bad the day those reports come out with bad news.

Stocks change daily based on retail reports, some random large organization earnings being good or not, comments from the fed, and on and on

They have not seemed more bumpy recently than they ever are as someone who checks them daily. Just pay attention to the longer term trend.