Q1 2019 watch - if under 3.0% - where is Trump’s economic miracle - can Trump beat O’s 2.9% ever?

[Mac1958]

Definitely some clear weaknesses beginning to show up. The bond market thinks the chance of a real slowdown is increasing. The Fed has signaled, however, that's it's open to dropping rates to provide a little stimulus to provide a spark. The slowdown appears to be real. The market loves the notion of a non-recessionary stimulus and is responding positively to that.

Trump's 5% to 6% GDP promises were just fantasy that only the most gullible bought into. They're the folks you're seeing crowing about the "great economy", data notwithstanding. A good China deal sure would help, and the Fed's rate stimulus might too. Here's hoping. The foundation for growth is certainly there if there's enough of a spark.

So that's where we are. Maybe a bit of an inflection point here. I'm assuming the above will be considered "fake news", which is the simplistic label applied to all data and facts that are avoided in the alternate universe.
..

 

[NotfooledbyW]

protectionist, post: 22651862,

I still see no legit source with your posts. All I see is you blabbering, what looks like "forecasting" nonsense.

It’s a very legitimate and respected forecasting source.

Do you think Q2 will be above 3.0 when BEA publishes its initial report later this month.

If yes based on what?

The Atlanta Fed crunches all numbers and Indicators as they are reported.. such as the April durable goods report being bad.

They put all new data in and their computers that spit out the forecasts without human judgement.

• JP Morgan slashes second-quarter GDP forecast to just 1% - CNBC.com.
  J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their actors prior forecast of 2.25% and way off the 3.2% reported in the first quarter. "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote. The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

 

[Deno]

Here’s the record thru 2018:
View attachment 254781

U.S. - GDP growth by year 1990-2017 | Statista

Trump and Obama are tied a 2.9 Best full year of GDP growth.

Do you think Trump’s Q1 this year will break the tie and boost Trump to 3.0 or more?

Do you believe Trump will ever get a full year of GDP growth this high?

View attachment 254787

Some experts - The liberal fake news WSJ is forecasting 1.4% for Q1.

• Economic Forecasting Survey - The Wall Street Journal. Economist Q&A. Forecast Edition: March 2019 ..... Projected: Q1 2019. 1.4%. Projected: Q2 2019. 2.6%. Projected: Q3 2019. 2.2%. Projected: ...

Trump supporters tell us your forecast?

What happens if Trump’s third year ends (GDP-wise) anywhere below Obama’s 2.9% in 2015?

According to Trump 2.9 is anemic and weak.

"Obama is the first president in modern history not to have a single year of 3 percent growth," Trump said during an Oct. 28 campaign rally in Manchester, N.H.

Trump's claim about Obama's weak economic growth is limited

Do you think Trump will be the second president in modern history not to have a single year of 3 percent growth,"

What does an “anemic” Trump do for Obama’s legacy?

• Moving forward, there are reasons to believe that growth will continue to be slower than was originally hoped. Annual U.S. GDP growth exceeding 3.0 percent, as experienced in the mid- to late 1990s and mid-2000s, is not expected to be attainable over the coming decade.

The U.S. economy to 2022: settling into a new normal : Monthly Labor Review: U.S. Bureau of Labor Statistics

Are we settling into a new normal that is not so horrible without 3% sustained GDP growth?

Ask obozo what he thinks about this economy,

he's the one with a magic wand shoved up his ass....

Drop the flucking mic.

 

[NotfooledbyW]

protectionist, post: 22650896

Whatever it needed, it got it, from Trump. GDP quickly rose up to 3% in 2017, and to 4.2% in 2018.

Perhaps you understand jobs growth.

The average monthly increase of 210,291 jobs per month for Obama Jan 2009 to Jan 2017

The average monthly increase of 205,720 jobs per month for TrumoO Jan 2017 to Jan 2019


And that does not include last May when only 75,000 jobs were created.

And you still don’t accept that TrumpO’s economy is slowing done.

 

[NotfooledbyW]

“Looking at trade data, the four biggest sources of the U.S.-China merchandise trade deficit are cell phones, toys, furniture and apparel.

U.S. apparel makers have actually cut 5,300 jobs in the last year, to 110,600. Furniture makers cut 1,500, to 390,700.”
‘
Etc ETC

See link below:

Deno, post: 22652581

Ask obozo what he thinks about this economy,

he's the one with a magic wand shoved up his ass....

Do you have facts to back your magic wand bullshit up. Obama cited Trump's promise to bring manufacturing jobs back to US from overseas.

I won’t bother to try to explain reality to a TrumpOroid, but if you read this report you’d see why TrumpO is lying about Obama’s magic wand statement.

. Looking at trade data, the four biggest sources of the U.S.-China merchandise trade deficit are cell phones, toys, furniture and apparel.

U.S. apparel makers have actually cut 5,300 jobs in the last year, to 110,600. Furniture makers cut 1,500, to 390,700.

Cell-phone manufacturers don’t have their own line in the Bureau of Labor Statistics report, but computer and electronics manufacturing added 23,000. That sounds good, but consider that it includes about 5,000 new jobs in semiconductors, the electronics subsector that does arguably the most high-value-added domestic manufacturing and sells all over the world. Protectionism doesn’t help chipmakers.

The government has toy-industry data only through last June — but that business added just 300 jobs in the last year of data.

Trump’s tariffs didn’t bring back all those factory jobs he promised

In a nutshell domestic manufacturing job growh went higher during TrumpO's first couple years but it was not because TrumpO’s trade wars and tariffs convinced any companies to give up cheap overseas labor costs and pay high wages in the US.

TrumpO has no magic wand for that..

He’s a liar.

Obama was right.


TrumpO lies and waves his magic propaganda wand that sparkles so many fools into belieing him.

 

[Deno]

“Looking at trade data, the four biggest sources of the U.S.-China merchandise trade deficit are cell phones, toys, furniture and apparel.

U.S. apparel makers have actually cut 5,300 jobs in the last year, to 110,600. Furniture makers cut 1,500, to 390,700.

Etc ETC



Deno, post: 22652581

Ask obozo what he thinks about this economy,

he's the one with a magic wand shoved up his ass....

Do you have facts to back your magic wand bullshit up. Obama cited Trump's promise to bring manufacturing jobs back to US from overseas.

I won’t bother to try to explain reality to a TrumpOroid, but if you read this report you’d see why TrumpO is lying about Obama’s magic wand statement.

. Looking at trade data, the four biggest sources of the U.S.-China merchandise trade deficit are cell phones, toys, furniture and apparel.

U.S. apparel makers have actually cut 5,300 jobs in the last year, to 110,600. Furniture makers cut 1,500, to 390,700.

Cell-phone manufacturers don’t have their own line in the Bureau of Labor Statistics report, but computer and electronics manufacturing added 23,000. That sounds good, but consider that it includes about 5,000 new jobs in semiconductors, the electronics subsector that does arguably the most high-value-added domestic manufacturing and sells all over the world. Protectionism doesn’t help chipmakers.

The government has toy-industry data only through last June — but that business added just 300 jobs in the last year of data.

Trump’s tariffs didn’t bring back all those factory jobs he promised

In a nutshell domestic manufacturing job grow went higher during TrumpO's first couple years but it was not because TrumpO’s trade wars and tariffs convinced any companies to give up cheap overseas labor costs.

TrumpO has no magic wand for that..

He’s a liar.

Obama was right.

It’s called REALITY you Dumb Ass Tard...

Pull your head out of your ass...….

 

[Deno]

protectionist, post: 22650896

Whatever it needed, it got it, from Trump. GDP quickly rose up to 3% in 2017, and to 4.2% in 2018.

Perhaps you understand jobs growth.

The average monthly increase of 210,291 jobs per month for Obama Jan 2009 to Jan 2017

The average monthly increase of 205,720 jobs per month for TrumoO Jan 2017 to Jan 2019


And that does not include last May when only 75,000 jobs were created.

And you still don’t accept that TrumpO’s economy is slowing done.

What is slowing "done" you dumb ass Tard?

You Tards can't even put together a simple sentence.

 

[NotfooledbyW]

You Tards can't even put together a simple sentence.

Only losers waste a post on typos.

 

[NotfooledbyW]

It’s called REALITY you Dumb Ass Tard...

Trump’s a liar - you are correct.

 

[Toddsterpatriot]

We will find out in 22 days. I am sure if it comes in under 2 you will be the first one to blame on Trump and start a thread about how shitty the economy is.

No doubt that would be Obama's fault.
.

No doubt that would be Obama's fault.

Nah, Obama already blamed it on Bush.

 

[NotfooledbyW]

The average monthly increase of 210,291 jobs per month for Obama Jan 2009 to Jan 2017

Correction: The average monthly increase of 210,291 jobs per month for Obama Jan 2015 to Jan 2017

 

[protectionist]

It’s a very legitimate and respected forecasting source.

Do you think Q2 will be above 3.0 when BEA publishes its initial report later this month.

If yes based on what?

The Atlanta Fed crunches all numbers and Indicators as they are reported.. such as the April durable goods report being bad.

They put all new data in and their computers that spit out the forecasts without human judgement.

• JP Morgan slashes second-quarter GDP forecast to just 1% - CNBC.com.
  J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their actors prior forecast of 2.25% and way off the 3.2% reported in the first quarter. "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote. The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

Your whole post went down the drain with the word "forecasting" I told you that before. Nothing's changed. These laughingstock leftist forecasters have been making forecasts about Trump's economy for 2+ years now. Wrong, almost every time.

 

[Harpy Eagle]

It’s a very legitimate and respected forecasting source.

Do you think Q2 will be above 3.0 when BEA publishes its initial report later this month.

If yes based on what?

The Atlanta Fed crunches all numbers and Indicators as they are reported.. such as the April durable goods report being bad.

They put all new data in and their computers that spit out the forecasts without human judgement.

• JP Morgan slashes second-quarter GDP forecast to just 1% - CNBC.com.
  J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their actors prior forecast of 2.25% and way off the 3.2% reported in the first quarter. "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote. The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

Your whole post went down the drain with the word "forecasting" I told you that before. Nothing's changed. These laughingstock leftist forecasters who been making forecasts about Trump's economy for 2+ years now. Wrong, almost every time.

Well, we will find out in 22 days. Will you be willing to blame Trump if the number is 2 or below?

 

[protectionist]

Correction: The average monthly increase of 210,291 jobs per month for Obama Jan 2015 to Jan 2017

Jobs FOR WHOM ? How many went to illegal alien foreigners ? and how many Billions$$$ were sent out of the country by them, in remittances$$$ ?

 

[protectionist]

Well, we will find out in 22 days. Will you be willing to blame Trump if the number is 2 or below?

Probably not, since it will, in part, be a reflection of the shutdown.

 

[Harpy Eagle]

Well, we will find out in 22 days. Will you be willing to blame Trump if the number is 2 or below?

Probably not, since it will, in part, be a reflection of the shutdown.

The shutdown ended Jan 25th. The current quarter did not start till April 1st. That is the dumbest excuse I have heard yet.

 

[NotfooledbyW]

It’s a very legitimate and respected forecasting source.

Do you think Q2 will be above 3.0 when BEA publishes its initial report later this month.

If yes based on what?

The Atlanta Fed crunches all numbers and Indicators as they are reported.. such as the April durable goods report being bad.

They put all new data in and their computers that spit out the forecasts without human judgement.

• JP Morgan slashes second-quarter GDP forecast to just 1% - CNBC.com.
  J.P. Morgan economists said they now see much slower second-quarter growth of just 1%, down from their actors prior forecast of 2.25% and way off the 3.2% reported in the first quarter. "The April durable goods report was bad, particularly the details relating to capital goods orders and shipments. Coming on the heels of last week's crummy April retail sales report, it suggests second quarter activity growth is sharply downshifting from the first quarter pace," the economists wrote. The Atlanta Fed's GDP Now tracker has GDP growth for the first quarter at 1.3% for the quarter.

Your whole post went down the drain with the word "forecasting" I told you that before. Nothing's changed. These laughingstock leftist forecasters have been making forecasts about Trump's economy for 2+ years now. Wrong, almost every time.

GDPNOWCAST is self-described as a

“running estimate of real GDP growth based on available data for the current measured quarter. There are no subjective adjustments made to GDPNow—the estimate is based solely on the mathematical results of the model”


Do you have any other evidence that:

GDPNow - Federal Reserve Bank of Atlanta

Is run by leftists:


You are are paranoid idiot.,

According to their website “There are no subjective adjustments made to GDPNow—the estimate is based solely on the mathematical results of the model”

Do you dispute their claim?

Even WSJ & JPMorgan are Commies to you TrumpOroids .

Again. Do you have any indicators that Q2 2019 GDP will be higher than 2.0.

 

[Deno]

You Tards can't even put together a simple sentence.

Only losers waste a post on typos.

Only losers are Tards….

 

[NotfooledbyW]

Deno, post: 22656125

Only losers are Tards….

Only retarded losers can’t answer a simple question,

Again. Do you have any indicators that Q2 2019 GDP will be higher than 2.0.

 

[protectionist]

The shutdown ended Jan 25th. The current quarter did not start till April 1st. That is the dumbest excuse I have heard yet.

And can you show that their are no after effects of the shutdown extending well into the April quarter (and beyond) ? I'll answer that >>No.