More sad news for JPP marxists

Teflon Don said:
https://twitter.com/x/status/1929572780774768685
View: https://x.com/Geiger_Capital/status/1929572780774768685


Atlanta Fed predicting 4.6% growth in GDP.

I thought we were supposed to be heading toward recession according to the marxists on JPP given what economic luminaries they are, how could they be wrong
Click to expand...
Reality is “sad news” for the country

Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024. After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026”

The Fed has it at 1.7% to 2.2%
(https://www.google.com/search?q=fed...xLjO4B7EDwgcFMi0yLjPIBzM&sclient=gws-wiz-serp

Summary of all the Fed Banks has it at 1.9%
(https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdf)

CBO at 1.9%
www.cbo.gov

The Budget and Economic Outlook: 2025 to 2035

In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.
www.cbo.gov www.cbo.gov

And of course, Trump, 9%
www.investopedia.com

Trump vs. Economists: Will GDP Growth Surge to Historic 9% Rate?

President Donald Trump predicted that GDP could expand as much as 9% a year, compared with Congressional Budget Office projections for an average of 1.8% growth each year for the next decade. Professional forecasters don't expect the economy to grow faster than 2.2% a year any time soon.
www.investopedia.com www.investopedia.com
 
Far from recession though isn't it Felicia?
archives said:
Reality is “sad news” for the country

Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024. After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026”

The Fed has it at 1.7% to 2.2%
(https://www.google.com/search?q=fed...xLjO4B7EDwgcFMi0yLjPIBzM&sclient=gws-wiz-serp

Summary of all the Fed Banks has it at 1.9%
(https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdf)

CBO at 1.9%
www.cbo.gov

The Budget and Economic Outlook: 2025 to 2035

In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.
www.cbo.gov www.cbo.gov

And of course, Trump, 9%
www.investopedia.com

Trump vs. Economists: Will GDP Growth Surge to Historic 9% Rate?

President Donald Trump predicted that GDP could expand as much as 9% a year, compared with Congressional Budget Office projections for an average of 1.8% growth each year for the next decade. Professional forecasters don't expect the economy to grow faster than 2.2% a year any time soon.
www.investopedia.com www.investopedia.com
Click to expand...
 
archives said:
Reality is “sad news” for the country

Morgan Stanley Research forecasts the global economy will expand at an annual rate of 2.9% in 2025 (2.5% 4Q/4Q) and 2.8% in 2026, down from 3.3% (3.5% 4Q/4Q) in 2024. After growing 2.8% in 2024 (2.5% 4Q/4Q), U.S. economic growth is likely to slow to 1.5% (1% 4Q/4Q) this year and 1% in 2026”

The Fed has it at 1.7% to 2.2%
(https://www.google.com/search?q=fed...xLjO4B7EDwgcFMi0yLjPIBzM&sclient=gws-wiz-serp

Summary of all the Fed Banks has it at 1.9%
(https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdf)

CBO at 1.9%
www.cbo.gov

The Budget and Economic Outlook: 2025 to 2035

In CBO’s projections, the federal budget deficit is $1.9 trillion this year, and federal debt rises to 118 percent of GDP in 2035. Economic growth slows and inflation declines over the next two years; both remain moderate after 2026.
www.cbo.gov www.cbo.gov

And of course, Trump, 9%
www.investopedia.com

Trump vs. Economists: Will GDP Growth Surge to Historic 9% Rate?

President Donald Trump predicted that GDP could expand as much as 9% a year, compared with Congressional Budget Office projections for an average of 1.8% growth each year for the next decade. Professional forecasters don't expect the economy to grow faster than 2.2% a year any time soon.
www.investopedia.com www.investopedia.com
Click to expand...
CBO is rarely correct.
 
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