Q1 GDP... Don't Break Out The Champagne Quite Yet

[cheryl]

Q1 GDP... Don't Break Out The Champagne Quite Yet - Seeking Alpha

Summary

• Net exports plus a build-up in inventories contributed 1.68% to GDP. That's the biggest bump in 6 years and muddies the economic waters.

• So far, Q1 earnings are at a -3% year-over-year decline and Q2 forecasts are expecting a -0.5% decline.

• Today's GDP report saw residential construction decline -2.8% on an annual rate, the fifth consecutive quarterly decline.

 

[Indecisi0n]

Who wants to go out for drinks to celebrate?

 

[InsideUPS]

Q1 GDP... Don't Break Out The Champagne Quite Yet - Seeking Alpha

Summary

• Net exports plus a build-up in inventories contributed 1.68% to GDP. That's the biggest bump in 6 years and muddies the economic waters.

• So far, Q1 earnings are at a -3% year-over-year decline and Q2 forecasts are expecting a -0.5% decline.

• Today's GDP report saw residential construction decline -2.8% on an annual rate, the fifth consecutive quarterly decline.

Donald J. Trump on Twitter

 

[Poop Head]

Donald J. Trump on Twitter

LMFAO

Is that really our president, posting those things??

 

[Frankie's Friend]

Q1 GDP... Don't Break Out The Champagne Quite Yet - Seeking Alpha

Summary

• Net exports plus a build-up in inventories contributed 1.68% to GDP. That's the biggest bump in 6 years and muddies the economic waters.

• So far, Q1 earnings are at a -3% year-over-year decline and Q2 forecasts are expecting a -0.5% decline.

• Today's GDP report saw residential construction decline -2.8% on an annual rate, the fifth consecutive quarterly decline.

Why construct it when you can live in housing free of charge?