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Q1 GDP around 1% and Central Banks tapering – What’s going to support the economy?

Cory
April 5, 2017

The ongoing debate of what will either drive the economy to much better growth or what will send it over the edge. In my discussion with John Rubino today we look at everything from the Q1 GDP, the auto sector, debt, and central bank policy to determine where the economy stands and where it is heading.

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Discussion
14 Comments
    Apr 05, 2017 05:12 PM

    Truthfully, a big hunk of that 1% growth is the inflation in healthcare. That’s hardly the type of growth we need. It alone will eventually eat us alive, with or without health insurance.

    Apr 05, 2017 05:15 PM

    Other than the Fed eventually owning everything, what’s plan B?

      Apr 05, 2017 05:23 PM

      Oh good, no worries………..Bed Bath and Beyond just raised their dividend to $.15 today! And here I thought I heard a bell tolling off in the distance. Whew.

    CFS
    Apr 05, 2017 05:32 PM

    Given the opinion of Danielle Martino Booth (e.g. prior to Yellen’s December rate hike)
    https://www.youtube.com/watch?v=8p1860mtlNU
    I believe Yellen is trying to sabotage the Trump Presidency.
    (Not really surprising since Yellen is a Californian liberal democrat)

    Without doubt, the US debt bomb WILL EXPLODE…..it is only a question of time.

    I believe the Democrats prefer to place the blame on Trump,
    thus it would be better from their POV to have the collapse sooner rather than later,
    and raising interest rates will implode the economy.

      Apr 05, 2017 05:38 PM

      “Without doubt, the US debt bomb WILL EXPLODE…..it is only a question of time”

      And a question of how it will explode and how bad it will be when it explodes.

    CFS
    Apr 05, 2017 05:38 PM

    I also believe that Trump is now pretty irrelevant.
    He is listening to his son-in-law and Priebus and becoming more liberal.
    As such he is neither focussing on Tax-cuts to stimulate the economy, nor cutting government spending to reduce the drag on economic growth.

    God help us and preserve us from government incompetence. Republicans and Democrats, all incompetent wasters.

      Apr 06, 2017 06:31 AM

      JUST a TWO HEADED SNAKE………when will everyone wake up……..this is becoming old.

    Apr 06, 2017 06:50 AM

    Yes , Ivanka and Jered are gaining power , Somebody halfway sane has to run the gov. Np way are they Liberal. Extenal factors may cause a temporary crash [such as N Korea, or a external currency crash ] Budget crisis could cause sharp rise in interest rates explode up. Trump himself is Stunningly Incompetant . He may just let Tillerson and ivanka run the Gov. as no one else is . Bannon is a wierd distructive person . Pray for Peace . S

      Apr 06, 2017 06:28 AM

      russell……..you got one thing correct…..wierd(sp)….weird….the whole thing is weird

        Apr 06, 2017 06:29 AM

        I enjoy your commentary…….really…..peace …

          Apr 06, 2017 06:30 AM

          that does not mean I agree with it…….. 🙂

    Apr 06, 2017 06:59 AM

    Hey CFS : This is why i voted first for Bernie and 2nd for Johnson Libertarian . Yesterday i contributed 100 for Jon Ossoff in special election in Georgia , New 29 year old candidate . He is leading the polls in a normally Repub district . Trump and Hillary were both too old to be good candidates anyway. Best of health and wealth to you all .ps my Soda Pop and Disney stock keep moving up I have a 120 sell order in on Disney . S

      Apr 06, 2017 06:19 AM

      Oh yeah, Bernie and Johnson are real sane guys. You’re too much Russell.

        Apr 06, 2017 06:25 AM

        Bernie was and is insane……..Johnson could not remember his name , unless he looked at his name tag……….. always like a good joke………