Liberal Forum

To COMPLETELY destroy this nations economy and force a GOVERNMENT SEIZURE of all business and industry!! Just like the COMMIES PLANNED IT!!!

The latest snapshot of the U.S. economy rattled stock and bond markets with two bits of potentially disappointing data: slower economic growth and still-firm inflation.

 Gross domestic product expanded at a 1.6% seasonally- and inflation-adjusted annual rate in the first quarter, the Commerce Department said Thursday, a pullback from last year’s quick pace. That lagged behind the 2.4% projected by economists polled by The Wall Street Journal.
Thursday’s report also suggests inflation, using the Fed’s preferred gauge, was likely firmer than expected in March. That gives investors another reason to give up on the idea that the Federal Reserve could begin cutting interest rates in the coming months

 Typically, an underwhelming growth figure would boost hopes that the Fed will lower interest rates. But continued price pressures complicated that outlook.

 The inflation reading sparked a selloff in bonds, sending yields on the 10-year Treasury to 4.706%, their highest level since November. U.S. stocks fell, meanwhile, with the Dow Jones Industrial Average sliding 1%, or 375 points.

 Investors are now pricing in a 19% chance that the Fed will hold interest rates steady through year’s end, according to CME Group, up from below 1% a month ago.
 

Obsolescence. Incomplete information is factually correct on the percentage of accuracy compared to the whole evolving process changing everything occupying the moment here in equal time standing here now regardless universal geographical point of displacement.

SAVE THE TITS!!

That could be the ONLY explanation... either THAT or because Democrats are as STUPID as a STUMP !!

...But, I don't think they are THAT stupid... It HAS to be that they are CORRUPT, POWER HUNGRY, and WANT a TOTALITARIAN Police Sytate that THEY can control...

It's the ONLY THING that makes sense !

Biden can only lie about the economy for so long.

The GDP numbers released Thursday sent shock waves among economist and traders as the data se shows the economy is seriously slowing. The GDP contraction suggests a recession AND Inflation continues to be higher than expected. This is the worst of both worlds ... the economy is slowing, and inflation is climbing.

It appears the FED has lost control of Inflation. Economists are now starting to worry about "Stagflation". Stagflation would require the FED to raise interest rates at a time when growth is weakening.

Any economic growth over the last 2 years is a direct result of the Government's huge deficit spending (which caused inflation). The US National Debt of over $34 Trillion. The interest payments of this debt alone will make it impossible for the Government to increase spending to stimulate the economy to end the recession.

Inflation will probably cause the FED to raise interest rates early Summer. That means the Government will not be able to take either monetary or fiscal actions policy to increase growth. Inflation will persist as energy prices and food prices will increase ... producing "stagflation" ...