We are officially in a recession as preliminary numbers for Q2 show a decline, the second quarter in a row. No matter what the clowns in The White House say, we’re technically in a recession.
It’s also planned.
This doesn’t happen through incompetence. No one is this incompetent.
This is OBiden working to destroy our nation.
Now they want to spend another trillion dollars, all printed of course. This will pour fire on the inflation, and put another nail in the American coffin.
We have to stop them – period.
Continuing Jobless Claims (Jul 15) printed at 1.359M vs 1.38M.
Core Personal Consumption Expenditures (QoQ) Q2 PREL printed at 4.4% vs 4.5% consensus estimate.
Gross Domestic Product Annualize Q2 PREL printed at -0.9% vs 0.5% estimate.
Gross Domestic Product Price Index (Q2) PREL printed at 8.9% vs 7.9% estimate.
Iniitial Jobless Claims (Jul 22) printed at 256k vs 253k estimate.
Initial Jobless Claims 4-week average (Jul 22) printed at 249.25k.
Personal Consumption Expenditure Prices (QoQ) (Q2) PREL printed at 7.1% vs 6.1% estimate.
EIA Natural Gas Storage Change (Jul 22) printed at 15B vs 22B estimate.
Kansas Fed Manufacturing Activity (Jul) printed at 7.