GDP numbers were horrible--read here

N

NY_HOOD

ECONX The Q4 GDP was revised to -0.2% compared to previous figure of +0.6%
ECONX Q2 GDP q/q-advanced +1.9% vs +2.3% consensus, prior +1.0%
ECONX Weekly Initial Jobless Claims 448K vs. 393K consensus; prior revised to 404K from 406K
all the prior numbers were revised downward.
 
Were in a recession, GDP is going alot lower, 1.9% will be a gift over the next 6-12 months as GDP gets down below 1% and eventually 0%.


Did anyone actually think GDP was going to be strong, if it were not for that fantasy play money that everyone received GDP would be down below 1.5%. Im sure they will create a second stimulus plan to boost this slowing economy. GDP to less than 1%.
 
Quote from S2007S:

Did anyone actually think GDP was going to be strong, if it were not for that fantasy play money that everyone received GDP would be down below 1.5%. Im sure they will create a second stimulus plan to boost this slowing economy. GDP to less than 1%.
More...

And yet even though you and everyone else knew that there was a stimulus package in Q2, YOU missed terribly on where you thought GDP was coming in.

How can you be so wrong, so much of the time?

And what does this have to do with TRADING???
 
Quote from Landis82:

And yet even though you and everyone else knew that there was a stimulus package in Q2, YOU missed terribly on where you thought GDP was coming in.

How can you be so wrong, so much of the time?

And what does this have to do with TRADING???
More...


Wrong, last night I gave my 1.8% prediction, off by 0.1%.


Read my posts before you comment.
 
It's all phony-balony... if the REAL inflation numbers were reported, we'd have been negative on GDP for the last few years.
 
Quote from S2007S:

Were in a recession, GDP is going alot lower, 1.9% will be a gift over the next 6-12 months as GDP gets down below 1% and eventually 0%.


Did anyone actually think GDP was going to be strong, if it were not for that fantasy play money that everyone received GDP would be down below 1.5%. Im sure they will create a second stimulus plan to boost this slowing economy. GDP to less than 1%.
More...


A full blown recession would not do this much harm to stock market, as your doom and gloom and negativity did
 
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