Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Weekend Update: US Q1 GDP Falls To 0.6%, Treasury 10Y-2Y Curve Flattens and Commodity Prices UP 52% Under Biden (Ports Still Clogged)
Confounded Interest ^ | 02/26/2022 | Anthony B. Sanders

Posted on 02/26/2022 6:08:11 AM PST by Browns Ultra Fan

Russia is still attacking Ukraine and I am still seeing stories about actor/comedian Bob Saget’s cause of death. So now for something completely different.

After last week’s Personal Consumption Expenditures, GDP and new home sales reports, the Atlanta Fed’s GDPNow real GDP estimate for Q1 shriveled to 0.6%.

The US Treasury yield curve? It is flattening rapidly as it typically does prior to a recession.

Commodities? Commodity prices are UP 52% under Biden. And that includes prices dropping slightly from 2/24 to 2/25.

And then there is average port delays in US ports. Hey, I thought Mayor Pete the port Czar was supposed to unclog the ports!

Hopefully this coming week will be better! Particularly for the Ukrainian people.

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: biden; clickbait; gdp; inflation; ukraine
Biden is such a fool.
1 posted on 02/26/2022 6:08:11 AM PST by Browns Ultra Fan
[ Post Reply | Private Reply | View Replies]

To: Browns Ultra Fan

Their goal is to destroy America from within and then take over a rulers. Remember that!


2 posted on 02/26/2022 6:11:46 AM PST by Don Corleone (leave the gun, take the canolis)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Browns Ultra Fan

The MSM gets to pick what they report on, when, and how they spin it.

As the economy in Germany is sucking from the Covid lockdowns... They actually no kidding were reporting about the great success in reducing CO2 output beyond the governments expectations...


3 posted on 02/26/2022 7:10:04 AM PST by Red6
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson