Biden’s Broken Economy! April’s US Existing Home Sales Plunge -22.6% Since Last Year For 17th Straight Month Of Negative Growth (23 Straight Months Of Negative REAL Wage Growth)

by confoundedinterest17 Biden has a line on you! And it isn’t good. More like we are fish being caught and eaten by Washington DC bureaucrats. Another example of Biden’s dismal economy. US pending home sales plunged -22.6% YoY in April. Even …

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The Incredible Shrinking Biden Economy! ISM Manufacturing Screams Stagflation, Still Contracting With “Reigniting Inflationary Pressures” (ISM Shrinks For Sixth Month)

by confoundedinterest17 Ah, that wonderful economy O’Biden talks about. It is actually shrinking. The ISM Manufacturing index screams stagflation, as it continues to contract. With “reigniting inflationary pressures. And prices are beginning to take off again.  

The global economy is in disarray.

Retail Sales in sweden down 13.4% relative to trend in Sweden. Catastrophic numbers. Is Sweden a canary in the European coal-mine? pic.twitter.com/uRwCtocKnz — Andreas Steno Larsen (@AndreasSteno) April 28, 2023 JUST IN – Taiwan sinks into recession, economy contracts by …

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Economy is fine. No stagflation. Yellen said so! Atlanta Fed GDP estimates are now projecting 1.1% USA GDP for Q1 2023. It was 2.5% last week.

by laflammaster Inflation = high, consumer spending = through the floor. Combination of those is called stagflation – recession with high inflation. The Blue Chip Economic Indicators is a leading economic indicator of future GDP growth. The most recent estimate …

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