U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses | Metals Mine

  • U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

    From cnbc.com

    The U.S. economy contracted in the first three months of 2025, fueling recession fears at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war. Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation. This was the first quarter of negative growth since Q1 of 2022. Economists surveyed by Dow Jones had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over ... (full story)

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Luxyus
Apr 30, 2025 9:15am
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nah it s Biden stock market
Luxyus
Apr 30, 2025 9:47am
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Quoting ffghost
{quote} Mark my words: The best part about all of a mentality like this is now he (Trump) will say something like: "the market went up 20% in my first 9 months in office" if it gets back to even by the end of the year. Now, it has to be said that "positive self talk" is one of the most suggested things for those who wish to be successful. I always thought that was crazy. However, if you take a step back and look at the situation, it DOES seem to be working for Trump. Nothing he does is "wrong" or destructive. He can...
it s the power of the words, u should try
ffghost
Apr 30, 2025 9:26am
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Quoting Luxyus
nah it s Biden stock market
Mark my words: The best part about all of a mentality like this is now he (Trump) will say something like: "the market went up 20% in my first 9 months in office" if it gets back to even by the end of the year.

Now, it has to be said that "positive self talk" is one of the most suggested things for those who wish to be successful. I always thought that was crazy. However, if you take a step back and look at the situation, it DOES seem to be working for Trump. Nothing he does is "wrong" or destructive. He can just spin it however he wants so that he's in the right.

I guess that has a positive impact because he WAS able to get elected again (with a little help from the opposition party, it has to be said).

Perhaps that will be part of his legacy: Think what you want of the man, he was confident in his approach and worked hard to accomplish it. *As the book goes on to show how it actually played out.....time will tell....*
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moonvalley
Apr 30, 2025 10:36am
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Low employment. Poor economy. Low inflation. Pressure by trump. Fed will surely cut rates soon.
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Trader#EBC1
Apr 30, 2025 10:16am
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What happen to drill baby drill?

More production lowers price; thereby lowers gasoline / diesel; thereby reduces overall costs; lowers prices to consumers.

Get a clue Trump before it’s too late !
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Trader#1627
Apr 30, 2025 11:29am
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Quoting moonvalley
Low employment. Poor economy. Low inflation. Pressure by trump. Fed will surely cut rates soon.
Lay-offs across the board. The economy contracting at the fastest pace in record. High inflation. Trump playing the game with the Fed for the masses so the Fed can put all the blame on the Trump after the QE which is coming completely destroys the purchasing power of the USD.

Fed will cut rates obviously as the plan to completely destroy the USD is in play to make people fall on their knees, begging for a solution. They will create the problem and they will offer the solution. The solution is a new digital system of maximum control.

How to survive? Move out of the currencies and acquire physical Gold and Silver. Obviously, you need to keep some to pay for the stuff, but any excess one has should be invested in the real money which are physical Gold and Silver. The rich will buy Gold and the people who cannot acquire Gold will buy Silver. Don't be late, because when Silver starts heading up, that means you're already late.
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