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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (68710)4/27/2018 3:41:43 PM
From: zzpat  Respond to of 355991
 
I was just looking at the global indexes to see how things are shaping up.

There isn't one US index in the top 10 during the past week and the Russell 2000 comes in at #10 over the past four weeks. $1.9 trillion of new debt from tax cuts hasn't done crap. Also, GDP came in at 2.3% with inflation at 2% (I previously wrote GDP was 2.5% oops) and they said we'd get massive new growth. Stripping away the inflation the economy is growing only .3%.

Add to this the fact that inventories rose and we're not sure if we're even growing....we could literally be in a recession (I don't think so).