Liberal Forum

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

https://abcnews.go.com/Business/us-econ ... =115296952


"Brandon's economy is so hard!"



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Blackvegetable » 30 Oct 2024, 12:29 pm » wrote: ↑

30 Oct 2024, 12:29 pm

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

https://abcnews.go.com/Business/us-econ ... =115296952

"Brandon's economy is so hard!"

The US economy is showing troubling signs that point to a hard landing—an economic downturn marked by a sharp decline. From mass layoffs to distressed real estate, these indicators reveal a storm brewing beneath the surface.

Visa Cuts Over 1,400 Jobs
Visa plans to lay off approximately 1,400 employees, focusing on technology positions. Roughly 1,000 tech jobs are set to be eliminated as Visa aims to streamline its global operations, sending a clear signal of economic belt-tightening

.California Job Openings Plunge 30%
Job openings in California, which has one of the nation’s highest unemployment rates, have plummeted by nearly 30% over the past year. With one of the worst employment landscapes in the country, California is feeling the squeeze more than most, hinting at a wider economic contraction.

Trucking Employment Peaks Before Recessions
Historically, trucking employment trends peak before a recession, as demand for goods transport weakens. A downturn in this sector is a classic signal of a slowing economy, and the industry’s current trajectory suggests that a recession may not be far off.

 UMich Sentiment Falls to 64.9
The University of Michigan’s Consumer Sentiment Index sits at a worrisome 64.9, a level historically associated with recession conditions. When consumer confidence dips this low, it reflects widespread concern over economic stability.Yield Curve’s Shifting Signals
A shift in the yield curve from inverted (where short-term rates exceed long-term) to positive often forecasts economic downturns rather than stability. Currently, the 30-year yield is rising relative to the 3-month yield, a shift that has frequently signaled a hard landing in the past.

 Tech Earnings Slow Down
Big Tech’s earnings, once the powerhouse of growth, are moderating. Industry analysts at Barclays confirm that tech earnings growth is cooling, which suggests that even the giants are feeling the pressure in a slowing economy.

 "If you think about Big Tech, which is a collection of six stocks, that's been the fulcrum for this market and holding it not just from earnings, from [a] returns perspective as well," Barclays' Venu Krishna says. "Their earnings as a group is moderating." pic.twitter.com/E5ToysWl74— Yahoo Finance (@YahooFinance) October 29, 2024

 Banks Face $750 Billion in Real Estate Losses
US banks are sitting on $750 billion in real estate losses—an eye-watering figure that exceeds losses during the 2008 financial crisis. The banking sector’s exposure to real estate losses weakens its stability and signals deeper issues within the commercial property market.Commercial Real

Estate Crash Hurts Even Top Bonds
Top-rated commercial mortgage-backed securities (CMBS) are facing losses, an unusual event last seen during the financial crisis. As property values fall and loan defaults rise, even investors in the safest bonds are feeling the shock, intensifying concerns over an impending market collapse.Together, these eight signals point to a hard economic landing. While the exact timing remains uncertain, the warning signs are unmistakable, echoing a crisis that may be as impactful as 2008.

•  

 
 

GDP is a fake number - for a fake economy.

Inflation is killin us

Majik » 30 Oct 2024, 12:50 pm » wrote: ↑

30 Oct 2024, 12:50 pm

The US economy is showing troubling signs that point to a hard landing—an economic downturn marked by a sharp decline. From mass layoffs to distressed real estate, these indicators reveal a storm brewing beneath the surface.

Visa Cuts Over 1,400 Jobs
Visa plans to lay off approximately 1,400 employees, focusing on technology positions. Roughly 1,000 tech jobs are set to be eliminated as Visa aims to streamline its global operations, sending a clear signal of economic belt-tightening

.California Job Openings Plunge 30%
Job openings in California, which has one of the nation’s highest unemployment rates, have plummeted by nearly 30% over the past year. With one of the worst employment landscapes in the country, California is feeling the squeeze more than most, hinting at a wider economic contraction.

Trucking Employment Peaks Before Recessions
Historically, trucking employment trends peak before a recession, as demand for goods transport weakens. A downturn in this sector is a classic signal of a slowing economy, and the industry’s current trajectory suggests that a recession may not be far off.

 UMich Sentiment Falls to 64.9
The University of Michigan’s Consumer Sentiment Index sits at a worrisome 64.9, a level historically associated with recession conditions. When consumer confidence dips this low, it reflects widespread concern over economic stability.Yield Curve’s Shifting Signals
A shift in the yield curve from inverted (where short-term rates exceed long-term) to positive often forecasts economic downturns rather than stability. Currently, the 30-year yield is rising relative to the 3-month yield, a shift that has frequently signaled a hard landing in the past.

 Tech Earnings Slow Down
Big Tech’s earnings, once the powerhouse of growth, are moderating. Industry analysts at Barclays confirm that tech earnings growth is cooling, which suggests that even the giants are feeling the pressure in a slowing economy.

 "If you think about Big Tech, which is a collection of six stocks, that's been the fulcrum for this market and holding it not just from earnings, from [a] returns perspective as well," Barclays' Venu Krishna says. "Their earnings as a group is moderating." pic.twitter.com/E5ToysWl74— Yahoo Finance (@YahooFinance) October 29, 2024

 Banks Face $750 Billion in Real Estate Losses
US banks are sitting on $750 billion in real estate losses—an eye-watering figure that exceeds losses during the 2008 financial crisis. The banking sector’s exposure to real estate losses weakens its stability and signals deeper issues within the commercial property market.Commercial Real

Estate Crash Hurts Even Top Bonds
Top-rated commercial mortgage-backed securities (CMBS) are facing losses, an unusual event last seen during the financial crisis. As property values fall and loan defaults rise, even investors in the safest bonds are feeling the shock, intensifying concerns over an impending market collapse.Together, these eight signals point to a hard economic landing. While the exact timing remains uncertain, the warning signs are unmistakable, echoing a crisis that may be as impactful as 2008.

•  

How many americans are counted on private payrolls?

BuckNaked » 30 Oct 2024, 1:01 pm » wrote: ↑

30 Oct 2024, 1:01 pm

Inflation is killin us

What's the current annualized rate of inflation?

Blackvegetable » 45 minutes ago » wrote: ↑

45 minutes ago

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

https://abcnews.go.com/Business/us-econ ... =115296952


"Brandon's economy is so hard!"



​​​​​​​

Huger than huge? The cock socket that is your greasy worn out asshole. Lying piece of ****.

Majik » 30 Oct 2024, 12:50 pm » wrote: ↑

30 Oct 2024, 12:50 pm

The US economy is showing troubling signs that point to a hard landing—an economic downturn marked by a sharp decline. From mass layoffs to distressed real estate, these indicators reveal a storm brewing beneath the surface.

Visa Cuts Over 1,400 Jobs
Visa plans to lay off approximately 1,400 employees, focusing on technology positions. Roughly 1,000 tech jobs are set to be eliminated as Visa aims to streamline its global operations, sending a clear signal of economic belt-tightening

.California Job Openings Plunge 30%
Job openings in California, which has one of the nation’s highest unemployment rates, have plummeted by nearly 30% over the past year. With one of the worst employment landscapes in the country, California is feeling the squeeze more than most, hinting at a wider economic contraction.

Trucking Employment Peaks Before Recessions
Historically, trucking employment trends peak before a recession, as demand for goods transport weakens. A downturn in this sector is a classic signal of a slowing economy, and the industry’s current trajectory suggests that a recession may not be far off.

 UMich Sentiment Falls to 64.9
The University of Michigan’s Consumer Sentiment Index sits at a worrisome 64.9, a level historically associated with recession conditions. When consumer confidence dips this low, it reflects widespread concern over economic stability.Yield Curve’s Shifting Signals
A shift in the yield curve from inverted (where short-term rates exceed long-term) to positive often forecasts economic downturns rather than stability. Currently, the 30-year yield is rising relative to the 3-month yield, a shift that has frequently signaled a hard landing in the past.

 Tech Earnings Slow Down
Big Tech’s earnings, once the powerhouse of growth, are moderating. Industry analysts at Barclays confirm that tech earnings growth is cooling, which suggests that even the giants are feeling the pressure in a slowing economy.

 "If you think about Big Tech, which is a collection of six stocks, that's been the fulcrum for this market and holding it not just from earnings, from [a] returns perspective as well," Barclays' Venu Krishna says. "Their earnings as a group is moderating." pic.twitter.com/E5ToysWl74— Yahoo Finance (@YahooFinance) October 29, 2024

 Banks Face $750 Billion in Real Estate Losses
US banks are sitting on $750 billion in real estate losses—an eye-watering figure that exceeds losses during the 2008 financial crisis. The banking sector’s exposure to real estate losses weakens its stability and signals deeper issues within the commercial property market.Commercial Real

Estate Crash Hurts Even Top Bonds
Top-rated commercial mortgage-backed securities (CMBS) are facing losses, an unusual event last seen during the financial crisis. As property values fall and loan defaults rise, even investors in the safest bonds are feeling the shock, intensifying concerns over an impending market collapse.Together, these eight signals point to a hard economic landing. While the exact timing remains uncertain, the warning signs are unmistakable, echoing a crisis that may be as impactful as 2008.

•  

this is how a healthy economy is supposed to function.
 

Blackvegetable » 30 Oct 2024, 12:29 pm » wrote: ↑

30 Oct 2024, 12:29 pm

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

https://abcnews.go.com/Business/us-econ ... =115296952

"Brandon's economy is so hard!"



 

We were all expecting to see the [[[JWO]]] throw everyone a small [damage control] bone during the weeks that led up to this election. 
Whenever your people have decided that they have spent enough time "counting ballots" we will find out if the damage control measures were enough...or not.

*BooRadley » 7 minutes ago » wrote: ↑

7 minutes ago

this is how a healthy economy is supposed to function.
 

And this ^^^^, is how a **** idiot functions.

Blackvegetable » 30 Oct 2024, 12:29 pm » wrote: ↑

30 Oct 2024, 12:29 pm

US economy grew at robust pace in third quarter

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

https://abcnews.go.com/Business/us-econ ... =115296952

"Brandon's economy is so hard!"



 

No thoughts etc...copy/paste.

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Blackvegetable » 30 Oct 2024, 1:08 pm » wrote: ↑

30 Oct 2024, 1:08 pm

What's the current annualized rate of inflation?

The cashier at the grocery store couldn't give me a discount based on your annualized inflation report...she still had to charge me $8 for the same jar of mayonnaise that only cost $2 before Biden's War on our gasoline based economy went into full effect     
 

murdock » 30 Oct 2024, 1:24 pm » wrote: ↑

30 Oct 2024, 1:24 pm

.

 
 

Blackvegetable » 30 Oct 2024, 1:08 pm » wrote: ↑

30 Oct 2024, 1:08 pm

What's the current annualized rate of inflation?

idk all I know groceries are through the roof, interest rates are way up, gas is high,  **** student loans are being forgiven WTF, you signed the loan pay it back!

BuckNaked » 30 Oct 2024, 1:32 pm » wrote: ↑

30 Oct 2024, 1:32 pm

idk all I know groceries are through the roof, interest rates are way up, gas is high,  **** student loans are being forgiven WTF, you signed the loan pay it back!

Turn away from FOX.

Blackvegetable » 30 Oct 2024, 1:02 pm » wrote: ↑

30 Oct 2024, 1:02 pm

How many americans are counted on private payrolls?

US banks are sitting on $750 billion in real estate losses—an eye-watering figure that exceeds losses during the 2008 financial crisis. The banking sector’s exposure to real estate losses weakens its stability and signals deeper issues within the commercial property market.

Data Analysis: More Banks at Risk of Failure as CRE Loans Reprice

More than 60 of the largest banks in the country are at increased risk of failure due to their commercial real estate (CRE) exposures, according to a data analysis from a finance expert at Florida Atlantic University.

Sixty-seven banks have exposure to commercial real estate greater than 300% of their total equity, as reported in their first quarter 2024 regulatory data and shown by the U.S. Banks’ Exposure to Risk from Commercial Real Estate screener.“This is a very serious development for our banking system as commercial real estate loans are repricing in a high interest-rate environment,” said Rebel Cole, Ph.D., Lynn Eminent Scholar Chaired Professor of Finance in FAU’s College of Business. “With commercial properties selling at serious discounts in the current market, banks eventually are going to be forced by regulators to write down those exposures.”The U.S. Banks’ Exposure to Risk from Real Estate screener, a part of the Banking Initiative at Florida Atlantic University, measures the risk to exposure from commercial real estate at the 157 largest banks in the country with more than $10 billion in total assets. Using publicly available data released quarterly from the Federal Financial Institutions Examination Council Central Data Repository, Cole calculates each bank’s total CRE exposure as a percentage of the bank’s total equity. Bank regulators view any ratio over 300% as excess exposure to CRE, which puts the bank at greater risk of failure.

https://www.fau.edu/newsdesk/articles/c ... University.

 
 

Blackvegetable » 30 Oct 2024, 1:35 pm » wrote: ↑

30 Oct 2024, 1:35 pm

Turn away from FOX.

Coming from the retarded loser that glues himself to CNN/Bloomberg. 

Blackvegetable » 30 Oct 2024, 1:35 pm » wrote: ↑

30 Oct 2024, 1:35 pm

Turn away from FOX.

also the money we are giving illegals is unsustainable 

Blackvegetable » 20 minutes ago » wrote: ↑

20 minutes ago

Turn away from FOX.

Lol, you stupid *** ****! Fox is just as bad as all the rest of them! How come you're such a stupid son of a bitch?

https://wolfstreet.com/2024/10/30/our-d ... o-worsens/

Our drunken sailors, as we’ve come to call them lovingly and facetiously, were at it again, and they splurged on goods in particular, but also on services, and they accounted for 69% of GDP, and they moved the GDP needle, driven by big increases in income, and they saved the rest.

A much smaller group of drunken sailors – the really drunken sailors at the federal government – also dug deeply into their pockets to spend money, but they had to borrow a bunch of it, thereby further ballooning the national debt and driving the debt-to-GDP ratio higher.