Goldman Sachs Boosts US Q2 GDP Growth Forecast to 2.4%

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FastLane

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Goldman Sachs Boosts US Q2 GDP Growth Forecast to 2.4%​


Goldman Sachs has significantly revised its forecast for the US economy, raising its expectation for the second-quarter GDP growth rate from -0.3% to 2.4%. This upward revision places the projected growth rate above the average GDP growth rate observed since 2022. The adjustment reflects a more optimistic outlook on the economic conditions in the United States.

This revision by goldman sachs effectively rules out the possibility of a near-term recession. The firm expects that other financial institutions will follow suit and adjust their economic outlooks accordingly. The move by Goldman Sachs is part of a broader trend among US banks, which have been quietly raising their economic forecasts in recent times......

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OH NO! The naysayers may be wrong. :laugh:
 
The planet is already generally shrinking economically, as America causes chaos and misery everywhere even at home, and they feed us this tripe?

I Demand Better.
 
FastLane said:

Goldman Sachs Boosts US Q2 GDP Growth Forecast to 2.4%​


Goldman Sachs has significantly revised its forecast for the US economy, raising its expectation for the second-quarter GDP growth rate from -0.3% to 2.4%. This upward revision places the projected growth rate above the average GDP growth rate observed since 2022. The adjustment reflects a more optimistic outlook on the economic conditions in the United States.

This revision by goldman sachs effectively rules out the possibility of a near-term recession. The firm expects that other financial institutions will follow suit and adjust their economic outlooks accordingly. The move by Goldman Sachs is part of a broader trend among US banks, which have been quietly raising their economic forecasts in recent times......

==============================================

OH NO! The naysayers may be wrong. :laugh:
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Bullshit. Pre tariff buying will ultimately create problems down the road when the trump taxes kick in.
 
Well the ports on the west coast are already being hit, some down 40/ 50%
and the containers they had there are emptying out and none coming is so prices will start really going up soon .
And when that happens the GDP will drop.
As a lot of the top economists are saying we could be headed for another recession.
 
Stone said:
Most of the left DESPISES any good news,.....when Trump or ANY R is in office. That's just who they are,....un American shit heads.
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And another thing give them some GOOD news and then maybe they would cheer it, up to now there hasn't been a lot, just the illegals being deported , and they isn't even being done right.
 
FastLane said:

Goldman Sachs Boosts US Q2 GDP Growth Forecast to 2.4%​


Goldman Sachs has significantly revised its forecast for the US economy, raising its expectation for the second-quarter GDP growth rate from -0.3% to 2.4%. This upward revision places the projected growth rate above the average GDP growth rate observed since 2022. The adjustment reflects a more optimistic outlook on the economic conditions in the United States.

This revision by goldman sachs effectively rules out the possibility of a near-term recession. The firm expects that other financial institutions will follow suit and adjust their economic outlooks accordingly. The move by Goldman Sachs is part of a broader trend among US banks, which have been quietly raising their economic forecasts in recent times......

==============================================

OH NO! The naysayers may be wrong. :laugh:
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The naysayers ARE wrong.

The Q1 topline GDP figure was artificially low due to a temporary but MASSIVE increase in imports. Imports, as a result of "stocking up", are going to be way down in Q2, which will mean a very high topline GDP figure. It will probably be much higher than the 2.4% that Goldman Sachs is predicting here. I've even made my own prediction thread about it so that I can shove it in the libtards' faces come the end of July.
 
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Althea said:
Bullshit.
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I agree. Q2 GDP will actually be HIGHER than 2.4%
Althea said:
Pre tariff buying
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Since you admit that there was a bunch of "pre tariff buying" in Q1, are you now going to guzzle down the upcoming leftist media bullshit about "shortages" or are you going to be honest and continue remembering that there was a MASSIVE increase in imports during Q1 and that the "omgzzzz shortagezzzz" fear mongering simply isn't true because the products ARE ALREADY HERE?
Althea said:
will ultimately create problems down the road when the trump taxes kick in.
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What taxes?
 
Tbird19482 said:
I don't know if I can find the link again but they were saying a lot of this is because of all the buying of goods BEFORE the Tariffs completely kick in .
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Hopefully YOU also continue to remember that the goods ARE ALREADY HERE when the leftist media starts fear mongering about "shortages" when the import numbers naturally go way down during Q2.
 
Althea said:
Anyone who doesn't shill for trump knows this.
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Knows what? That a bunch of goods were imported here during Q1? Of course I know that to be the case; I read the GDP report that shows that imports shot up through the roof during Q1.

I just don't want you buying into the leftist BS about "shortages" (as import numbers naturally bottom out during Q2). I instead want to you remember what you're saying right here; that companies stocked up during Q1 and that the products are ALREADY HERE.
 
Tbird19482 said:
Well the ports on the west coast are already being hit, some down 40/ 50%
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DUH. The product came in during Q1. Imports are naturally going to be way down during Q2.
Tbird19482 said:
and the containers they had there are emptying out and none coming is so prices will start really going up soon .
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Stupid leftist fear mongering. THE. PRODUCT. ALREADY. CAME. IN. DURING. Q1. There are no "shortages"; there will be no "price increases" "due to shortages". Stop pretending that Q1's import numbers don't exist.
Tbird19482 said:
And when that happens the GDP will drop.
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WTF?! You really don't understand what the GDP is, do you? A massive decrease in imports will massively BOOST the topline GDP, not drop it. Price increases (with no significant quantity changes) would also BOOST the topline GDP, not drop it.
Tbird19482 said:
As a lot of the top economists are saying we could be headed for another recession.
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Here we go again.... "a lot of the top economists" :rofl2: :rofl2: "sources familiar with the matter" :rofl2: :rofl2:

TOO FUNNY!
 
gfm7175 said:
Hopefully YOU also continue to remember that the goods ARE ALREADY HERE when the leftist media starts fear mongering about "shortages" when the import numbers naturally go way down during Q2.
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And you should remember what IS here will be gone in no time and without more goods coming prices will be going up. It is just the simple law of supply and demand.
So when you have to pay a lot more for the goods you buy don't cry about it it is what you MAGAS wanted.
 
gfm7175 said:
Hopefully YOU also continue to remember that the goods ARE ALREADY HERE when the leftist media starts fear mongering about "shortages" when the import numbers naturally go way down during Q2.
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Do you have a link to back up your statement that good " naturally " go down in the 2Q?
 
gfm7175 said:
DUH. The product came in during Q1. Imports are naturally going to be way down during Q2.

Stupid leftist fear mongering. THE. PRODUCT. ALREADY. CAME. IN. DURING. Q1. There are no "shortages"; there will be no "price increases" "due to shortages". Stop pretending that Q1's import numbers don't exist.

WTF?! You really don't understand what the GDP is, do you? A massive decrease in imports will massively BOOST the topline GDP, not drop it. Price increases (with no significant quantity changes) would also BOOST the topline GDP, not drop it.

Here we go again.... "a lot of the top economists" :rofl2: :rofl2: "sources familiar with the matter" :rofl2: :rofl2:

TOO FUNNY!
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Ane you should be saying there is NO shortages YET.
With imports dropping they could be in the near future.
 
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