The St Louis prediction, do you have any sense why its an anomaly?
I’d suspect the GDP will fall in the 2.1% category. Higher than expected, but nothing to knock anyone’s socks off.
I actually think we all win since we’re living in the greatest economy that has ever existed. 2.1% growth proves it. For some perspective, five of Obama’s eight 2nd quarter GDP growths were higher than this. In 2016, Obama’s last year, when our economy was a “disaster” we had 2.3% growth. Just an FYI.
2.1% is better than I was anticipating. I’m wondering who he throws under the bus for not meeting 3% though. Powell is an easy target. I’m wondering if trade or media gets thrown into the mix.
It’s Trump’s MO. Promise big then blame everyone else when it doesn’t happen.