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/biz/ - Business & Finance

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49862731 No.49862731 [Reply] [Original]

In 9 days the Q2 GDP data releases. If its negative like Q1 then we will officially be in a recession. Inflation and gas prices have only gotten worse so it's highly likely it will be negative.

>> No.49862798

>>49862731
It won't be negative you faggot. GDP numbers are the LAST thing you should rely on for a market dump

>> No.49862825

>>49862798
Why wont it be negative if everything's gotten worse since Q1?

>> No.49862846

>>49862825
Because it's Q2Q, dumbass.
Christ, you're an idiot.
Fine, short it right now. I warned you

>> No.49862861

>>49862731
YOUR SHORTS SHALL NOT PASS NIGGER

>> No.49862879

Maybe so. But not today bobo. Not today.

>> No.49862900

>>49862731
>recession
GDP projections are already out, it's priced in.
>inflation
priced in
>>49862825
It will be, Atlanta Fed projection is now 0% and it's been coming in consistently lower than projections. It doesn't matter though it's unironically priced in.

>> No.49862999

>>49862731
Doesn't it not come out for another month?

>> No.49863031

>>49862900
Normies dont think we're going into a recession, its definitely not priced in
>>49862999
It releases on the 29th

>> No.49863060

>>49863031
of July

>> No.49863064

>>49863031
>normies don't think we're going into a recession
What the fuck? They all think we are and are selling or have already sold at the bottom, the media is telling them a recession is coming and they all panic sold. Are you bobos just larping as delusional bears?

>> No.49863068

>>49862900
Consumption is at highs, job creation is robust, the GDP numbers won't be negative

>> No.49863082

>>49863068
d e m a n d d e s t r u c t i o n

>> No.49863140
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49863140

>>49863064
They are hearing the opposite from the media

>> No.49863203

>>49863082
b a s e l i n e faggot
Short it. NOW

>> No.49863705
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49863705

>>49862879
I fucking love Top Gun Maverick man

>> No.49864937

Kill yourselves bulls

>> No.49866714

>>49862731
Negative means the fed immediately starts QE again and we pump to a new ATH

>> No.49866741

>>49863140
Sure maybe four months ago, no one believes the happy talk anymore.

>> No.49866755

>>49866741
>June 9
>4 months ago

>> No.49866848

>>49862731
already priced in

>> No.49866883
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49866883

Coincidentally the week before the fourth of july is usually green, but after the fourth is usually red.

>> No.49867083

>>49866848
kys retard

>> No.49867115
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49867115

>>49862900

>> No.49867135

Everything is always priced in. /biz/ will learn this the hard way; By losing a lot of money.

>> No.49867401

>>49866755
Checked, I’m aware of the headline. We finally have yellen and Powell admitting they got inflation wrong. The point I am making is the administration has been happy talking the economy since putin’s invasion. Many people no longer believe the damage control coming from the media

>> No.49867407
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49867407

>>49863140
Anon, mainstream financial news media has been doomposting for a while now. You're behind the curve. I tune into (((Bloomberg))) and most guests they bring on basically say
>inflation is only 80% priced in. S&P still needs to drop 200-600 points.
>Fed isn't being aggressive enough. Last hike should have been a 300 basis point increase. (I totally agree -- fuck wagies and fuck their leverage power.)
No one says it out loud, but the general mood is that a recession is inevitable and we're already in it.

>> No.49868798

>>49862900
Correct. GDPNow is at 0%, but data that came out AFTER it was put at 0% have been even worse, indicating a near guarantee for another negative QoQ print.
https://www.atlantafed.org/cqer/research/gdpnow

In 30 minutes the data for US house sales will be released. Any number below 5.4 mn will be BEARISH and confirm a negative Q2 print. Watch that number.