No, The US Economy Is Not OK | Metals Mine

  • No, The US Economy Is Not OK

    From macroanchor.substack.com

    We had said that our previous note would be the last one of the year. But writing this from the mountains in Greece during the holidays, we felt it was worth making an exception. Not to revise a call, and certainly not to defend one, but to better understand what the data are actually telling us. Over the past days, our recession view was challenged, constructively, and that challenge is useful. Macroeconomics is not about winning a debate; it is about understanding the mechanisms at work. The latest GDP release does not show a recession. That statement is factually correct, and analytically insufficient. In the ... (full story)

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MacroAnchor
Dec 28, 2025 9:03am
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Thank you very much for your comments. We are not Republicans, we are not Democrats. We are economists and we understand how economies and policies work. Andre Chelhot, Editor The Macro Anchor. You can subscribe for free to our substack.
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Nordling
Dec 28, 2025 1:19am
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Quoting Ferna
This is not true. Believe me. Trump has made a great deal for America and continues to do so! This is liberal media again trying to paint a doomer picture of american economy! and trying to discredit Trump! Time after time the SPY are reaching all time highs under the Trump administration in which the likes of such has never been seen before! If there is no investment, how come SPY is at record highs!? #LiberalLogic
You were the no.1 Joe Bidet fan last year, now you are a Trumptard. Wow, your spine is more flexible than a snake's!
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Ravenfeeder
Dec 28, 2025 4:57am
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Quoting Nordling
{quote} You were the no.1 Joe Bidet fan last year, now you are a Trumptard. Wow, your spine is more flexible than a snake's!
Brutal. I hope he was being sarcastic or joking . New year on the way Nordling! Rekt accounts are behind us
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Ravenfeeder
Dec 28, 2025 9:22am
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Quoting Nordling
{quote} I mean i don't mind if one is a democrat, republican or whatever but i happen to know this guy for a long time (sadly ) There's nothing he wouldn't do for some attention and approval. One day he is this, next day he is that. I hope FF gets rid of these trolls for good. Btw nice to see you back buddy! Yepp we survivors are still in the game, living to trade another day while the others are history. Wishing you a late happy christmas and a wonderful new year mate Greenest pips ...

Yeah I've noticed he's an odd fellow, plus he's from Sweden, why get patriotic over the US? I'd give everything to be living in Sweden, or anywhere in Scandinavia. We definitely need less trolls, and people getting personal with others when Forex shouldn't involve emotion.
Thank you again, you have made me laugh a couple of times this year, especially when things don't go the way we want to.

A Merry Christmas and Happy Year to you too mate, a year filled with an abundance of green pips and support!
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bdsilvano
Dec 28, 2025 9:04am
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obviously... thats why metal is rallying is because US is sick and not OK. keep dump Dollars.!!! Other countries keep dumping Treasury in exchange to Metals. Keep dumping
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noza
Dec 28, 2025 10:13am
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So many people in US love Trump as their President thats why they vote for him to be the best ever Mr President in US History.
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Trader#7B3B
Dec 28, 2025 2:15am
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Trump is the greatest and the most beautiful thing that happened to US economy in decades. Let's god bless him and America to meet golden age in our days!
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Nordling
Dec 28, 2025 5:08am
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Quoting Ravenfeeder
{quote} Brutal. I hope he was being sarcastic or joking . New year on the way Nordling! Rekt accounts are behind us
I mean i don't mind if one is a democrat, republican or whatever but i happen to know this guy for a long time (sadly ) There's nothing he wouldn't do for some attention and approval. One day he is this, next day he is that. I hope FF gets rid of these trolls for good.

Btw nice to see you back buddy! Yepp we survivors are still in the game, living to trade another day while the others are history. Wishing you a late happy christmas and a wonderful new year mate Greenest pips
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NotAtrader
Dec 28, 2025 10:34am
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Quoting noza
So many people in US love Trump as their President thats why they vote for him to be the best ever Mr President in US History.
There is nothing wrong with that. The bad thing is that Trump didn't live up to their expectations and now numbers are not good for Trump. He will be undisputed absolutely the worse ever president of the United States.

https://nymag.com/intelligencer/arti...nst-trump.html
https://navigatorresearch.org/majori...rove-of-trump/
https://newrepublic.com/article/1986...l-rating-polls
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Trader#8516
Dec 28, 2025 3:45am
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Quoting Ferna
This is not true. Believe me. Trump has made a great deal for America and continues to do so! This is liberal media again trying to paint a doomer picture of american economy! and trying to discredit Trump! Time after time the SPY are reaching all time highs under the Trump administration in which the likes of such has never been seen before! If there is no investment, how come SPY is at record highs!? #LiberalLogic
As great Gregory Mannarino said:

"these companies know underlying economy is weakening, job market is dead, manufacturing is a zombie, the imports collapsing, literally. Manufacturing here in the Unites States is dead. It's buried. And it's going to get a lot worse. And the dollar collapse. They're using these buybacks to mask the coming earnings deterioration. Moreover, they are leveraging debt to buy back shares.

Why? 1. They know the Fed will cut rates. 2. Currency debasement is accelerating, loss of purchasing power.

Buybacks are number one driver of the SNP to the upside. It's not earnings growth. It's not demand. It's not productivity. It's a zombie. It consumes and consumes and consumes. Not produce. This creates a massive distortion. When the buyback wave stops, what do you think will happen?"

Also, look at the price of oil. Price of oil is collapsing because there is less and less demand due to the slowing economies across the world. Economy is losing jobs, inflation continues to rise. Manufacturing, as Greg said, is dead and buried. In contraction for years now. LEI all negative for years.

No, the US economy is not good. It's terrible.
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Bakker
Dec 28, 2025 10:45pm
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Look at the charts and get wise. Please stop the nonsensical arguments.
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Trader#BBE1
Dec 28, 2025 11:33am
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Quote
We had said that our previous note would be the last one of the year. But writing this from the mountains in Greece during the holidays, we felt it was worth making an exception.

No, The US Economy Is Not OK!

Who the F writes this stuff?
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Trader#7991
Dec 28, 2025 1:22pm
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trump is a pig... period. i could care less if he can turn crap into gold... he's a pig and i hope he stops breathing and wasting my oxygen soon
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