Maximum Overkill 2,111 Posted 3 hours ago 4 hours ago, Ron_Artest said: Fed minutes today. Let's see what they say about inflation caused by tariffs. Market desperately needs a rate cut or look out below. With U.S. economic growth surging in the second quarter, President Donald J. Trump has proven the so-called “experts” wrong once again as he presides over tame inflation, blue-collar wage growth, explosive job creation, and a “Made in America” boom. Here’s what they’re saying about the GDP report: Economist E.J. Antoni: “This GDP report, I mean, really, is an absolute blockbuster. It completely defies expectation. It is not only a good headline number, it has good internals, as well.” Economist Steve Moore: “This is an amazing number … We’re seeing lots of jobs. We’re seeing tame inflation. It is really a beautiful picture … It’s hard to see anything to complain about. I’m sure Democrats will find something they don’t like.” Bullseye Brief author Adam Johnson: “The GDP Price Index was only 2% and the expectation was 2.2%. In other words, we have an economy growing at 3%; we have inflation at 2%. That’s the best of both words, so I’m very positive on that report.” Job Creators Network CEO Alfredo Ortiz: “The U.S. economy grew by an annualized 3% in the second quarter of the year—yet another data point that supports an interest rate cut by the Fed. Trump’s three-legged stool is working: balancing trade, cutting taxes, and slashing regulations are creating an economic boom.” Share this post Link to post Share on other sites
RLLD 4,273 Posted 3 hours ago I don't think we should put too much into GDP. If the number is improving as you state above, I infer that I will temporarily enjoy the concurrence of our liberal associates here....since their only way of thinking is political power-centric.....but I will take it. Share this post Link to post Share on other sites
