The Economy

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DiabloWags
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In reply to dajo9 • 9:53a, 3/7/26
dajo9 said:
DiabloWags said:
So much for that 5 - 6% growth that Howard Lutnick was touting just a month ago.

He needs a new cheerleading outfit.


Did the people on this site who were touting 5% GDP growth ever reflect on their mistake?


No.
Self-reflection is non-existent.
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dajo9
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In reply to movielover • 10:51a, 3/7/26
movielover said:
Lutnick in Davos predicts Q1 6% GDP growth, says WEF Globalism failed.


I guess we should monitor this benchmark Q1 GDP forecast from the White House of 6%
Censorship has always been a tool of the fascist
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BearlySane88
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In reply to DiabloWags • 11:56a, 3/7/26
DiabloWags said:
dajo9 said:
DiabloWags said:
So much for that 5 - 6% growth that Howard Lutnick was touting just a month ago.

He needs a new cheerleading outfit.


Did the people on this site who were touting 5% GDP growth ever reflect on their mistake?


No.
Self-reflection is non-existent.


Laughable coming from you
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DiabloWags
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In reply to dajo9 • 12:12p, 3/7/26
dajo9 said:
movielover said:
Lutnick in Davos predicts Q1 6% GDP growth, says WEF Globalism failed.


I guess we should monitor this benchmark Q1 GDP forecast from the White House of 6%


I seem to recall several Trump supporters "cheerleading" this claim by Lutnick.
Not even two months ago.

So gullible.


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DiabloWags
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1:45p, 3/7/26
The correlation is strong.
Interest rates aren't coming down anytime soon.

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cal83dls79
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In reply to DiabloWags • 6:17a, 3/8/26
DiabloWags said:
dajo9 said:
movielover said:
Lutnick in Davos predicts Q1 6% GDP growth, says WEF Globalism failed.


I guess we should monitor this benchmark Q1 GDP forecast from the White House of 6%


I seem to recall several Trump supporters "cheerleading" this claim by Lutnick.
Not even two months ago.

So gullible.


one predicted 10% lolz
Priest of the Patty Hearst Shrine
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DiabloWags
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In reply to BearlySane88 • 8:15a, 3/8/26
BearlySane88 said:
PAC-10-BEAR said:
2.4% CPI
172k new private sector jobs (Jan)
4.3% unemployment rate

All beating expectations


Did those Nobel winning economists not really know what they were talking about?


And not even 3 weeks later, those numbers can be ALL thrown out the window.
What a difference a few weeks make.




The US economy lost 92,000 jobs in February and the unemployment rate rose to 4.4% | CNN Business
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DiabloWags
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In reply to cal83dls79 • 8:28a, 3/8/26
cal83dls79 said:
DiabloWags said:
dajo9 said:
movielover said:
Lutnick in Davos predicts Q1 6% GDP growth, says WEF Globalism failed.


I guess we should monitor this benchmark Q1 GDP forecast from the White House of 6%


I seem to recall several Trump supporters "cheerleading" this claim by Lutnick.
Not even two months ago.

So gullible.



one predicted 10% lolz


I remember that.
Lutnick at 6% and I think Elon Musk was at 10% was within 18-months.
lol

And remember how people weren't even comparing GDP YoY?
They were comparing different quarters from Trump and Biden.

Seriously.
Who does that?

The Economy - Page 45 | Bear Insider
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BearlySane88
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In reply to DiabloWags • 8:41a, 3/8/26
DiabloWags said:
BearlySane88 said:
PAC-10-BEAR said:
2.4% CPI
172k new private sector jobs (Jan)
4.3% unemployment rate

All beating expectations


Did those Nobel winning economists not really know what they were talking about?


And not even 3 weeks later, those numbers can be ALL thrown out the window.
What a difference a few weeks make.




The US economy lost 92,000 jobs in February and the unemployment rate rose to 4.4% | CNN Business


Yes because we bombed Iran. Comparing the two time periods is silly unless you were assuming at the time that we were about to bomb Iran
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DiabloWags
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8:45a, 3/8/26
And then there was this brilliant forecast from the Chief Cheerleader.
Our Commerce Secretary.

This was right around the time that Trump was talking about sending everyone $2,000 Tariff rebate checks.
Is anyone still waiting for their DOGE check?

lolz

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BearlySane88
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In reply to DiabloWags • 8:47a, 3/8/26
DiabloWags said:
And then there was this brilliant forecast from the Chief Cheerleader.
Our Commerce Secretary.

This was right around the time that Trump was talking about sending everyone $2,000 Tariff rebate checks.

lolz



Again, all of these quotes are without the knowledge of bombing Iran. He very well could have been right. I'll sacrifice gas prices/ etc. for the safety of our country.
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Eastern Oregon Bear
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In reply to BearlySane88 • 9:32a, 3/8/26
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
PAC-10-BEAR said:
2.4% CPI
172k new private sector jobs (Jan)
4.3% unemployment rate

All beating expectations


Did those Nobel winning economists not really know what they were talking about?


And not even 3 weeks later, those numbers can be ALL thrown out the window.
What a difference a few weeks make.




The US economy lost 92,000 jobs in February and the unemployment rate rose to 4.4% | CNN Business


Yes because we bombed Iran. Comparing the two time periods is silly unless you were assuming at the time that we were about to bomb Iran
We started bombing Iran on the last day of February and that caused 92,000 job losses for the month?
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BearlySane88
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In reply to Eastern Oregon Bear • 9:33a, 3/8/26
Eastern Oregon Bear said:
BearlySane88 said:
DiabloWags said:
BearlySane88 said:
PAC-10-BEAR said:
2.4% CPI
172k new private sector jobs (Jan)
4.3% unemployment rate

All beating expectations


Did those Nobel winning economists not really know what they were talking about?


And not even 3 weeks later, those numbers can be ALL thrown out the window.
What a difference a few weeks make.




The US economy lost 92,000 jobs in February and the unemployment rate rose to 4.4% | CNN Business


Yes because we bombed Iran. Comparing the two time periods is silly unless you were assuming at the time that we were about to bomb Iran
We started bombing Iran on the last day of February and that caused 92,000 job losses for the month?


Not sure anyone said that here
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DiabloWags
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In reply to BearlySane88 • 9:37a, 3/8/26
BearlySane88 said:
I'll sacrifice gas prices/ etc. for the safety of our country.


I think Midterms will be a good judge of sacrifice.
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BearlySane88
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In reply to DiabloWags • 9:41a, 3/8/26
DiabloWags said:
BearlySane88 said:
I'll sacrifice gas prices/ etc. for the safety of our country.


I think Midterms will be a good judge of sacrifice.


I may not like the results, maybe I will, but the people have their chance to speak in November and then again in two years. Doesn't change how I feel about my above comment
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BearlySane88
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9:53a, 3/8/26


Still $1.50 less than under Biden and there was very little MSM outrage over that.

$0.50 per gallon increase. That's say $7 extra for a 14 gallon tank. You'd think it was $700 by reading some of yalls posts here.

Well worth the price of American safety
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DiabloWags
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In reply to BearlySane88 • 10:02a, 3/8/26
It's not just about gas prices.
Not sure why you are fixated on that.
I think you're missing the Big Picture here.

The overall economy is souring and the Affordability Crisis is front and center in the polls. There are more and more people losing their jobs.

https://www.fastcompany.com/91504231/tech-finance-banking-layoffs-list-2026-oracle-morgan-stanley-block

https://www.latimes.com/business/story/2026-03-06/tech-layoffs-pile-up-as-sllicon-valley-shakeout-continues-into-2026


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BearlySane88
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In reply to DiabloWags • 2:22p, 3/8/26
Who said I was fixated on that? I shared a post about gas prices so my comment was about gas prices
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DiabloWags
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In reply to BearlySane88 • 2:29p, 3/8/26
BearlySane88 said:
Who said I was fixated on that? I shared a post about gas prices so my comment was about gas prices


You indicated that as Americans we should make this "sacrifice" for the safety of the country.

My point was clearly about the overall ECONOMY and what is being sacrificed.

Such as affordability, jobs, economic growth, inflation, etc.

Not sure why that is so difficult to understand.
I think it registers with the majority of Americans.

Afterall, this is a thread about the ECONOMY.


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BearlySane88
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In reply to DiabloWags • 3:22p, 3/8/26
DiabloWags said:
BearlySane88 said:
Who said I was fixated on that? I shared a post about gas prices so my comment was about gas prices


You indicated that as Americans we should make this "sacrifice" for the safety of the country.

My point was clearly about the overall ECONOMY and what is being sacrificed.

Such as affordability, jobs, economic growth, inflation, etc.

Not sure why that is so difficult to understand.
I think it registers with the majority of Americans.

Afterall, this is a thread about the ECONOMY.




I didn't tell you or anyone else what to do. I was speaking about myself. For me, it's worth it. You get to make that decision for yourself
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DiabloWags
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4:07p, 3/8/26
And we're just getting going.

THANK YOU PRESIDENT TRUMP!

BOOM!

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DiabloWags
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7:04a, 3/9/26
Gee, what is going to happen to Retail Sales?
Consumer Confidence?

Last night's pike to $119.48 was the biggest in history.
Now trading $99

Each futures contract controls 1,000 barrels
Thus a $1.00 move = $1,000 per contract

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BearlySane88
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In reply to DiabloWags • 7:33a, 3/9/26
DiabloWags said:
Gee, what is going to happen to Retail Sales?
Consumer Confidence?

Last night's pike to $119.48 was the biggest in history.
Now trading $99

Each futures contract controls 1,000 barrels
Thus a $1.00 move = $1,000 per contract





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DiabloWags
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7:41a, 3/9/26
Booth

Operation Epic Furry Energy Crisis Thread - Page 4 | Bear Insider
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DiabloWags
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8:44a, 3/9/26
Right now, we're worried about inflation and higher prices.

But if there is no resolution to secure shipping of energy in the Strait of Hormuz by end of this week, then we will see oil prices rise dramatically perhaps to even levels that we have never seen before. You can't replace 20 million barrels per day "overnight".

$8 gas and $10 diesel will then kill demand and this will become an "economic" event.

From an inflationary event to an economic event.

The yield on the 10-Year Treasury will be the "tell" if this happens.

Currently at 4.134%


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concordtom
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11:32a, 3/9/26
https://www.yahoo.com/finance/news/warren-buffett-just-did-something-135223210.html

Warren Buffett is a net seller of stocks for 13 straight quarters, amassing BRK's largest ever cash position.
All while the market climbed.
Signal?
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concordtom
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In reply to DiabloWags • 11:38a, 3/9/26
DiabloWags said:
It's not just about gas prices.
Not sure why you are fixated on that.
I think you're missing the Big Picture here.

The overall economy is souring and the Affordability Crisis is front and center in the polls. There are more and more people losing their jobs.

https://www.fastcompany.com/91504231/tech-finance-banking-layoffs-list-2026-oracle-morgan-stanley-block

https://www.latimes.com/business/story/2026-03-06/tech-layoffs-pile-up-as-sllicon-valley-shakeout-continues-into-2026




Headwinds:
Oil led inflation
Expensive housing continues
Loss of workforce
Tariff inflation and/or uncertainty
War

Tailwinds:
Current account AI investment
Potential unknown future AI efficiency gains (net of job losses)

Mixed: interest rates remain reasonable on historical basis.


Care to fill this table out?
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concordtom
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11:40a, 3/9/26
I'd like to hear someone make the following case:

USA is largest producer of hydrocarbons.
The price of hydrocarbons has just spiked.
Thus, this is a positive for USA.
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smh
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In reply to concordtom • 1:00p, 3/9/26
concordtom said:
I'd like to hear someone make the following case:

USA is largest producer of hydrocarbons.
The price of hydrocarbons has just spiked.
Thus, this is a positive for USA.

# just say no (to burning more and more carbon as fuel)
# global warming sucks BT
sighned, not dead yet # funk trunk; i.c.e. too
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BearlySane88
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4:16p, 3/9/26
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DiabloWags
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4:37p, 3/9/26
PAC-10-BEAR
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5:20a, 3/10/26

Inverse Cramer never fails.
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DiabloWags
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In reply to PAC-10-BEAR • 7:05a, 3/10/26
PAC-10-BEAR said:

Inverse Cramer never fails.


He should have just piggybacked the trading accounts of Kushner and Don Jr.
I'm sure they did really well yesterday and were positioned accordingly before Daddy's comments.

Is there any doubt that Trump and his "friends" aren't trading off of this media manipulation?

Crude collapsed $14 after Trump made his comments to a CBS reporter yesterday around 3:15 M EST.


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DiabloWags
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7:25a, 3/10/26
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dajo9
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In reply to DiabloWags • 7:25a, 3/10/26
DiabloWags said:

A lagging indicator already out of date
Censorship has always been a tool of the fascist
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