We knew it was coming, now it has arrived — The OBiden recession The White House and their globalist masters have been yearning for and working towards.
It’s only going to get worse.
Wait until the OBiden ministry of truth gets rolling, the new DHS ‘misinformation agency’. Then we will really learn to love Big Brother.
GDP shrank ‘unexpectedly’ by 1.4% in this morning’s data dump.
Jen Psaki is going to circle back.
Continuing Jobless Claims (Apr 15) printed at 1.408M vs 1.403M consensus estimate.
Core Personal Consumption Expeditures (QoQ) (Q1) PREL printed at 5.2% vs 5.4% estimate.
Gross Domestic Product Annualised (Q1) PREL printed at -1.4% vs 1.1% estimate.
Gross Domestic Product Price Index (Q1) PREL printed at 8% vs 7.3% estimate.
Initial Jobless Claims (Apr 22) printed at the estimate of 180k.
Initial Jobless Claims 4-week Average (Apr 22) printed at 179.75k.
Personal Consumption Expenditure Prices (QoQ) (Q1) PREL printed at 7% vs 5.9% estimate.
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