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$SPY - Next GDP report is out soon is SPY topping out? - Daily - SPY has gaps to fill towards that 398 zone, close the daily candle above 388/389 for gap fill move - Daily candle rejects 388 zone, expect this to be TOP - On the weekly, we can see 354 level and below that 348

Pakistan is the only taxing industry more and more, that's why we are lagging. Tax collection from industry is around 70% while it's contribution is 20.9% in total GDP.

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3.25% That’s the GDP growth the IMF now expects to see for the G7 in 2022. A year ago, the same projection was two percentage points higher. Look to see if G7 leaders will coordinate on unblocking ports and relieving some of the pressure on food supply to improve these numbers.

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Debt is a big issue, with elevated debt-to-GDP ratios for all countries compared to before the pandemic. But their ability to service this debt will be hampered by: → Tighter US & European monetary policy → Surging commodity prices → A drastic decline in global trade growth

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IMF Cuts US Real GDPGrowth Forecast For 2022 To 2.9% Vs 3.7% Forecast In April - Cuts US Real GDP Growth Forecast For 2023 To 1.7% Vs 2.3% - Sees US GDP Growth Bottoming At 0.8% In 2024, Re-Accelerating To 1.7% In 2025, 2.1% In 2026

June 29th — Q2 GDP report USJuly 13th — CPI data 📊

Q2 GDPForecasts: Fairly Wide RangeGoldman: "Following today’s data, we boosted our Q2 GDP tracking estimate by 0.1pp to +2.9% (qoq ar)"

The Fed reckons taming inflation means doubling interest rates and unemployment rising, but it expects GDP to keep growing. Even if the central bank is right, the risk is that cooling consumer confidence squashes growth, says @GinaChon .

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In 2050 some economist will win a prize by showing how ending the war on drugs increased GDP growth yearly by 0.5 percentage points. Mostly b/c: - smaller prison population - reduced headcount of police, courts, etc - increased tax revenue


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🚨NEW 🚨 Bank of England says UK households must brace themselves for the biggest annual fall in their standard of living since comparable records began three decades ago, as it: - Raises interest rates to 0.5% - Says inflation will surpass 7% - SlashesGDP forecast

??? 33.1% GDP growth. Highest ever. The great American come back is real, don’t let Joe Biden and the Democrats destroy it with their ridiculous tax policies and regulations. Let’s fight for American jobs and American livelihoods. Vote Trump!!!

GDP number just announced. Biggest and Best in the History of our Country, and not even close. Next year will be FANTASTIC!!! However, Sleepy Joe Biden and his proposed record setting tax increase, would kill it all. So glad this great GDP number came out before November 3rd.

Big GDP projected. Pelosi only looking to Bail Out badly run Democrat Cities. Tap, Tap, Taping us along. She has little interest in helping out the “people”.

Q2 GDP Up 2.1% Not bad considering we have the very heavy weight of the Federal Reserve anchor wrapped around our neck. Almost no inflation. USA is set to Zoom!

For the record, Denmark is only at 1.35% of GDP for NATO spending. They are a wealthy country and should be at 2%. We protect Europe and yet, only 8 of the 28 NATO countries are at the 2% mark. The United States is at a much, much higher level than that....

....Germany pays 1% (slowly) of GDP towards NATO, while we pay 4% of a MUCH larger GDP. Does anybody believe that makes sense? We protect Europe (which is good) at great financial loss, and then get unfairly clobbered on Trade. Change is coming!

If the Fed had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points, and GDP would have been well over 4% instead of 3%...with almost no inflation. Quantitative tightening was a killer, should have done the exact opposite!

The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!

Trump's cabinet, the wealthiest in history, is worth more than the annual GDP of 70 countries. So much for draining the swamp...