Will have negative growth for the first quarter. Target reported soft Feb. Manufacturing has dipped. Happy you guys are doing well, but it's a big country
We can't control everything economically. Sometimes the chips just settle and whatever is there, is there.
Rhetorical question - is our government any better? How much $ went to NGOs? Numerous coverups... Inside trading and countless conflict of interest by politicians and judges... Judges legislating... EO legislating... Weaponization of intelligence agencies... On and on.
The uncertainty of how Trump is handle this is the issue, he caused this recession. Not with cuts to government or his immigration policy. The way he's handled our trade partners. Oil dropping Stock Markets down Will get lower interest rates now, but not for good reasons. My guess is because companies tend to over react by summer we are at 8% unemployment
You know better than to throw the "R" word around recklessly. Q1 isn't final yet. Need 2 consecutive quarters of contraction. Needs to be sanctioned as a recession (per the last administration's edict). How those couple folks find something quick...but a big risk associated with a small business.
Yes he may, in Jan we were projecting 2.8 growth, now -2.8 retraction. 70+% of our economy is consumer spending, consumer confidence fell sharply in Feb. The largest monthly decline since August 2021. People and business are pulling back spending, and it's Trump Tariff nonsense fueling this reaction.
the corruption is deep, I believe mainly dems, but it is on both side of the isle ... activist judges continue to stand in the way, as for the tariff's let them work .. as stated before, this country will not be a quick fix (if at all) and if you think it would have been, you are fooling yourself .................... Trump has done more in his short time in office, than Biden/Harris did their whole 4 yrs ... GO GO DOGE .....
I think he woke up with the horses head in his bed ...(I'll believe it when it happens) Zelenskyy says Ukraine 'ready' for peace negotiations, calls Trump meeting 'regrettable' https://www.foxnews.com/politics/ze...-negotiations-calls-trump-meeting-regrettable
The (Atlanta) Federal reserve model. It's a macro economic forecast. I believe the app is called Economy Now via the app store. The GDP now model is one of several stats they make available. Germ did include the snapshot above. I referenced a cnbc article that adds some additional color. A classic recession definition was 2 consecutive quarters of gdp contraction. That remains to be seen. But if consumers and business confidence and numbers are bear that out (I.e. Tariffs will be impact both consumer and busineses), it's feasible. I think we will see a hard 1Q hit...2Q is the real question. For @Germ, oil will be a red herring. Opec is over producing, (along with a glut from non Opec nations)...it should drive crude costs lower, but it's almost time for refineries to change to spring blends which will create a short term bump.
Fridays jobs report will be a big KPI that could ease the street. Oil is worrisome because US oil producers need the Oil above 60 a barrel to make money, if it falls below we start shutting down wells and layoff workers. if Trump gets off this trade war nonsense I am pretty confident this all goes away.
Thing is even during a recession peoples garbage cans still get emptied, garbage still goes to landfills, landfills have to continue to expand. Sorry not sorry at all to have a recession proof company. That is a stock tip btw. Waste collection, not recycling.
