Negative GDP for Q1

[jon-nyc]

Today's Q1 GDP data:
+0.6% Spain
+0.4% Eurozone
+0.3% Italy
+0.2% Germany
+0.2% Austria
+0.1% France
+0.2% Mexico
-0.3% U.S

[Renauda]

Trump’s new theme song will be, I Fought the Market (and the Market Won).

[jon-nyc]

My fear is he’ll start ordering the numbers to be cooked like his heroes do.

[jon-nyc]

@jon-nyc said in Negative GDP for Q1:

Today's Q1 GDP data:
+0.6% Spain
+0.4% Eurozone
+0.3% Italy
+0.2% Germany
+0.2% Austria
+0.1% France
+0.2% Mexico
-0.3% U.S

Just realized the European numbers aren’t annualized so multiply them by 4 for an approximate comparison.

[jon-nyc]

I wondered where this would be on FauxNews.

Scrolling and scrolling and scrolling I went down to headline #36:

Trump urges 'be patient' on the economy, predicts 'boom...like no other'

3rd paragraph had this:
Stocks fell on Wednesday morning after new data showed the economy contracted for the first time in three years.

[jon-nyc]

Headline 34 was:

Test yourself on equestrian events, flag facts and famous food

Headline 35 was

Walmart+ week is live: Here are 15 deals you can't miss

[89th]

Heard a good line on a podcast today... it was something like people can be afraid of Trump... CEOs, journalists, legal firms... but the bond market, and the stock market, are not afraid of telling the truth.

[Horace]

@Horace said in Negative GDP for Q1:

As daily dips go, this one does seem like an obvious buy.

[taiwan_girl]

@Horace Hopefully you bought low!!

[Horace]

@taiwan_girl said in Negative GDP for Q1:

@Horace Hopefully you bought low!!

I just hope all my followers did.

[89th]

That's cute you used the plural