OFFICIAL: Donald Trump thread.

[HOUDINI563]

Note that 65bad no longer spouts that cutting taxes increases revenue. Why? No proof that it does.

[man down]

It will be a long time before the Dow reaches a new high. Take that to the bank.

If a trade deal is made with China next month what do you think the market would do?

[siablo14]

He’s masterbating to the news.

No doubt. Its better than cunny to him.

It seems the average growth for the year will be above 3%.

[siablo14]

Big slowdown in business investment

Big growth in inventories

Big growth in government spending

Big growth in trade deficit

Fool’s gold

The underlying economy is a bit scary. Orders are dropping off considerably for Q4. Market is dropping like a rock.

I heard that too. I hear next year and it's quarters should be around the 2% mark.

[siablo14]

Note that 65bad no longer spouts that cutting taxes increases revenue. Why? No proof that it does.

That was obvious from Reagan's time.

Also the deficit is going up and the Republicans sit deceivingly quiet.

[siablo14]

Lmao!!!

Those superfans still spouting economic doom and gloom?

The numbers today looked great.

GDP up 3.5%
(Which beat estimates, btw)

PCE price index, a key measure of inflation, increased by 1.6 percent last quarter.
(Again beating expectations)

Consumer spending, which accounts for more than two thirds of U.S. economic activity, grew by 4 percent in the third quarter, the strongest since the fourth quarter of 2014.

https://www.cnbc.com/2018/10/26/firs...c-product.html


Great numbers, and the big Christmas quarter is coming next.

Great news for the country.

This is supply side economics in action.

It's a great chance for people to learn what policies stimulate economic growth, and which policies failed to do that.

Of course that's only for those who can look at the data objectively, as opposed to through the eyes of an ideologue.

We in the short-term. Let's wait for it to all wrap up and see.

[Tomjas]

We in the short-term. Let's wait for it to all wrap up and see.

https://www.bloomberg.com/news/artic...-jpmorgan-says

[siablo14]

https://www.bloomberg.com/news/artic...-jpmorgan-says

We will have to wait and see.
NY Fed has it at 14.5%

I got say again, who said real life was uneventful?

[Tomjas]

We will have to wait and see.
NY Fed has it at 14.5%

I got say again, who said real life was uneventful?

Problem for the US is that it will be largely defenceless when it hits as the debt wad has already been blown

Big chance that things get very ugly which is why business investment has fallen off the cliff

[siablo14]

Problem for the US is that it will be largely defenceless when it hits as the debt wad has already been blown

Big chance that things get very ugly which is why business investment has fallen off the cliff

Trump has already given and unnecessary stimulus and Fed already have rates low, so it will be interesting how they will fight a next recession. The deficit will be very crazy if that happens though.