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Johonny

(24,367 posts)

13. Yes

Reply to Mike 03 (Reply #10)

Wed Jul 30, 2025, 04:40 PM

Jul 30

The GDP numbers didn't seem to register. Mostly, I think, because the gaming of the tariffs and imports 1st and 2nd qrts had masked the underlining economy and neither is indicative of 3rd or 4th qrt. Mostly the economy is meh. Not as horrific as the April fools tariff fears, but not the post Covid inflation economy most people predicted.

Then Powell confirmed, a lot of the FED also wants to see the numbers into the 3rd qrt before moving rates.

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Apparently the market isn't buying [View all] Aviation Pro Jul 30 OP

I think every "number" we hear about through the media... ananda Jul 30 #1

In the details UpInArms Jul 30 #2

The market was up all day Greg_In_SF Jul 30 #3

The market was up all day until tRump counter-programmed with several tariff announcements. . . . nt Bernardo de La Paz Jul 30 #4

Look at the timing Greg_In_SF Jul 30 #5

You might be right but I was thinking of the other three: de minimis, copper, and Brazil Bernardo de La Paz Jul 30 #11

Powell said NOTHING today stopdiggin Jul 30 #9

The G.O.P. lies about everything BoRaGard Jul 30 #6

It was Powell's announcement re interest rates TheProle Jul 30 #7

We already know that all economic, science, medical and other data coming from this administration will be fake. Lonestarblue Jul 30 #8

Powell and the Fed are independent. BLS is staffed by professionals and no toadies have been parachuted in. Bernardo de La Paz Jul 30 #12

Bloomberg News is claiming that the markets reacted badly when Powell Mike 03 Jul 30 #10

Yes Johonny Jul 30 #13

The growth announcement was at 8:30. The DOW and S&P were up and down during much of the day. onenote Jul 30 #14