Cancel 2020.2 (09-23-2019)
Hold That Recession: U.S. Indicators Are Trouncing Forecasts
https://www.bloomberg.com/news/artic...cing-forecasts
The U.S. economy is outperforming expectations by the most this year, offering a fresh rebuttal to last month’s resurgent recession fears fueled by the trade war and a manufacturing slump.
The Bloomberg Economic Surprise Index has reached an 11-month high after four indicators released Thursday, including existing home sales and jobless claims, each surpassed expectations. The gauge continued to advance after swinging to positive from negative on Tuesday for the first time this year. The data also pushed a similar measure produced by Citigroup Inc. to the highest level since April 2018.
Last edited by Terri4Trump; 09-22-2019 at 01:18 PM.
Cancel 2020.2 (09-23-2019)
MORE: https://www.bloomberg.com/news/artic...cing-forecasts
Federal Reserve policy makers on Wednesday highlighted the economy’s strength even as they moved forward with their second-straight interest-rate reduction to guard against elevated risks to the expansion. Investors are growing more upbeat too, lifting U.S. equity benchmarks back near records this month.
Paulsen also noted similar surprise upbeat readings in other parts of the world, including Europe and Japan.
St. Louis Fed President James Bullard, asked Friday about rising surprise indexes, pointed to mixed readings and diverging sectors.
“We have a very strong labor market that’s underpinning good consumption growth in the U.S., the household sector is generally doing well,” he told Wharton Business Radio on Sirius XM. He said other parts of the economy are seeing weakness with global growth slowing and Europe “teetering on recession.”
Cancel 2020.2 (09-23-2019)
Liberals hate facts
Cancel 2020.2 (09-23-2019)
Dude, Wall street is one thing- Main street is another. Don't confuse the two!
And Fed rates have to do with the rate at which Banks that are Federal Reserve Bank Members may borrow money from the Federal Reserve Bank- that's it- nothing more.
Fed rates have nothing to do with Wall Street- but Fed Rates have everything to do with Main Street and insuring the availability of Main Street Federal Reserve Member Banks to Borrow money and provide loans to be used to fund to the public for business venture and capital, home loans, automobile loans, and credit cards, and etc..
It has nothing to do with liberals! It has nothing to do with Republicans.And it has absolutely nothing to do with DONALD ASS TRUMP!
But your hatred towards liberals is duly noted asshole!
Not really sure what the thrust of your thread is except just a politically motivated fucking rant and foaming at the mouth by yet another Trump Leg-humping asshole!
That's all I got out of your thread!
Last edited by Adolf_Twitler; 09-23-2019 at 06:17 AM.
Cancel 2020.2 (09-23-2019)
Sorry, No Recession. Trump is WINNING
Cancel 2020.2 (09-23-2019), MAGA MAN (09-23-2019)
Lefties have tried everything to destroy Trump, but they always fail. They want to destroy our economy in order to hurt Trump, but they will just fail like they always do.
The Truth Does Not Need To Be Supported With Censorship.
Cancel 2020.2 (09-23-2019)
This economy is based on energy production and manufacturing, not some FedCo induced housing bubble like before. Therefore it has legs.
Cancel 2020.2 (09-23-2019), Terri4Trump (09-23-2019)
Cancel 2020.2 (09-23-2019), MAGA MAN (09-23-2019)
Terri4Trump (09-23-2019)
I know it is difficult, mostly due to being obstinate, but the fact remains, most Americans see the economy happening in spite of Trump, not because of Trump, need proof, when was the last time a President enjoyed a healthy economy and still had favorability numbers in the toilet?
Cancel 2020.2 (09-23-2019)
Cancel 2020.2 (09-23-2019)
And the Loony Libs once AGAIN get CRUSHED on a thread!
Evmetro (09-23-2019), Terri4Trump (09-23-2019)
Cancel 2020.2 (09-23-2019)
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