in ,

Reckless Obama-Biden $1.9 Trillion Stimulus: All About Trump

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

Reckless Obama-Biden $1.9 Trillion Stimulus: All About Trump

News Topic 61:

Redlining: US Economy Growing At Fastest Pace On Record, Goldman Finds

In February, the US economy hit escape velocity. When does the hangover come?

Redlining: US Economy Growing At Fastest Pace On Record, Goldman Finds

While debate rages whether the overheating of the US economy will is transitory – and thus any burst in inflation can be ignored as it will quickly reverse – or the strength will be permanent (resulting in the well-known concerns that the Fed is now woefully behind the curve), Goldman today has updated its proprietary Goldman Sachs Analyst Index (GSAI) which provides a snapshot perspective on the US economy (and thus differs from the BEA’s GDP measure which is an average look at output over a period of time), and finds that it just hit an all time high.

Report

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

What do you think?

Subscribe
Notify of
guest
3 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Donald Duck
Donald Duck
March 1, 2021

I frankly don’t know what Mercouris is talking about; economics does not seem to be his strong suit. First off that report was by Goldman Sachs. What report did you expect to get from this partisan quarter. Here with another report from Shadow Government Statistics. February 24th, 2021: January 2021 Manufacturing Declined Year-to-Year for the 19th Consecutive Month, Still in the Downturn Induced by the FOMC 15 Months Before the Pandemic Collapse • Where January 2021 Year-to-Year Manufacturing Contracted by 1.0% (-1.0%), It Also Contracted by 1.8% (-1.8%) from January 2019, Two Years Ago • While the January 2021 Cass… Read more »

David Bowlas
David Bowlas
Reply to  Donald Duck
March 1, 2021

I gave up reading when you got the 1.8% (-1.8%) bit of your tirade that made no sense.

David Bowlas
David Bowlas
March 1, 2021

Don’t you just love the JObamas?????

$180 Billion Just Got Lost

Biden’s Iran policy drifts towards disaster