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U.S. 1st Quarter GDP . . . .

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  • errolanderson
    Senior Member
    • Jan 2012
    • 3141

    U.S. 1st Quarter GDP . . . .

    U.S. 1st quarter GDP . . . drumroll please . . . 0.7%

    CNBC article below describes the story. Consumer spending is sliding, only 0.3%.
    And this data may be adjusted lower yet over the next month.
    Atlanta Fed GDP projection was 0.2%.


    http://www.cnbc.com/2017/04/28/first-estimate-of-2017-q1-gdp.html
  • sumdumguy
    Senior Member
    • Mar 2007
    • 12004

    #2
    Wow, now that's an economic boom! LOL

    Comment

    • errolanderson
      Senior Member
      • Jan 2012
      • 3141

      #3
      Now stir in a dysfunctional U.S. Federal Reserve . . . .
      Yellen rate hikes come at a time the U.S. economy is contracting.

      Comment

      • farmaholic
        Senior Member
        • Sep 2010
        • 17483

        #4
        ....it isn't zero or negative, but not far from it.

        Comment

        • dmlfarmer
          Senior Member
          • Nov 2008
          • 1814

          #5
          And Trump was worried about his first 100 days accomplishments.

          Comment

          • farming101
            Senior Member
            • Mar 2011
            • 3955

            #6
            Not bad, not bad at all

            In the 2010 flood year spending on our farm decreased by 52%. Now that was a shock to the system

            Comment

            • macdon02
              Senior Member
              • Sep 2007
              • 1858

              #7
              Imo money is safer in US then Canada or Europe. Might as well buy gold instead of yen. US is the best looking girl at the leper colony

              Comment

              • errolanderson
                Senior Member
                • Jan 2012
                • 3141

                #8
                Home Capital Group collapse this week may be Canada's version of 'The Big Short" . . . .

                Comment

                • fjlip
                  Senior Member
                  • Oct 2002
                  • 9878

                  #9
                  Originally posted by macdon02 View Post
                  Imo money is safer in US then Canada or Europe. Might as well buy gold instead of yen. US is the best looking girl at the leper colony
                  LOL, all investors agree with you, best of a crappy lot!

                  Comment

                  • tweety
                    Senior Member
                    • Nov 2014
                    • 3059

                    #10
                    Errol, do you think HOOPP will lose their shirt on the 2 billion credit loan to Home?

                    Comment

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