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   Wary Jerry (jerry@infosec.exchange)'s status on Tuesday, 04-Mar-2025 07:33:30 JST Wary Jerry

   I’m sure the -2.8% GDP growth forecast for 1Q25 is nothing to be worried about, particularly since the forecast was +2% a month ago

   https://www.atlantafed.org/cqer/research/gdpnow

   Hold on to your 401ks.

   • Embed this notice
     cR0w :cascadia: (cr0w@infosec.exchange)'s status on Tuesday, 04-Mar-2025 07:33:29 JST cR0w :cascadia:

     in reply to

     @jerry I'm not a financial person, but with the craziness going on, it feels like even the historically safe money markets and bonds are no longer safe. Is that your understanding too?

   • Embed this notice
     feld (feld@friedcheese.us)'s status on Tuesday, 04-Mar-2025 07:33:29 JST feld

     in reply to

     • cR0w :cascadia:
     @cR0w @jerry the money will flow out of stocks that don't pay sufficient dividends into bonds and other things
   • Embed this notice
     Wary Jerry (jerry@infosec.exchange)'s status on Tuesday, 04-Mar-2025 11:20:51 JST Wary Jerry

     in reply to

     • lord pthenq1
     • BrianKrebs

     @briankrebs @pthenq1 definitely that was my thought when I read that news

   • Embed this notice
     Wary Jerry (jerry@infosec.exchange)'s status on Tuesday, 04-Mar-2025 11:20:51 JST Wary Jerry

     in reply to

     • lord pthenq1
     • BrianKrebs

     @briankrebs @pthenq1 all that said, I think GDP is going to be materially down, even if we exclude government spending. Also, I’m not even sure how they think they can exclude government spending. It’s clear that they can exclude what they spend directly, but their suppliers and their suppliers suppliers and on and on will have reduced spending. And farms that supplier USAID and so many more - I just have no idea how they would approach that.

     feld likes this.
   • Embed this notice
     BrianKrebs (briankrebs@infosec.exchange)'s status on Tuesday, 04-Mar-2025 11:20:52 JST BrianKrebs

     in reply to

     • lord pthenq1

     @pthenq1 @jerry This explains why the U.S. Commerce Secretary just said he wants to remove government spending from the gross domestic product (GDP) report. Trump doesn't like these GDP numbers one bit, I'm sure.

     https://www.reuters.com/world/us/us-commerce-secretary-wants-remove-government-spending-gdp-2025-03-03/

   • Embed this notice
     lord pthenq1 (pthenq1@mastodon.la)'s status on Tuesday, 04-Mar-2025 11:20:53 JST lord pthenq1

     in reply to

     "Estoy seguro de que el pronóstico de crecimiento del PIB del -2,8 % para el primer trimestre de 2025 no es motivo de preocupación, en particular porque el pronóstico era del +2 % hace un mes.

     https://www.atlantafed.org/cqer/research/gdpnow

     No pierda de vista sus planes de jubilación 401k."

     @jerry