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U.S. 1st Quarter GDP released . . . .

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    U.S. 1st Quarter GDP released . . . .

    0.2% . . . .

    This was just released this morning. IMO, the U.S. has already entered a recession which could turn quite nasty by fall.

    Talk of the Fed increasing rates is almost becoming ridiculous.

    This news likely supportive toward the Cdn dollar.

    #2
    Wait when their manufactures start slowing down factories etc. Then layoffs and every thing gets interesting.

    Comment


      #3
      US Ag manufacturers already have slowed and laid off. Lowest dollar wins is the name of the game. We will lose a couple big banks in this next crash. Too many derivatives being invested in

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        #4
        Big move down in the dollar today. Errol do you know of a currency vix?

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          #5
          Fed reased a statement and one guy said rates hikes where coming no matter what. By by economy if that happens.

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            #6
            cotton . . . not aware of a currency vix, but that doesn't mean there isn't one. anyone that knows of one, please pipe in . . . .

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              #7
              Has tons of cheap money worked?

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                #8
                currency vix=physical gold

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                  #9
                  More of a put but close enough.

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                    #10
                    BNN is reporting lowest jobless claims in 15 years, what gives?

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                      #11
                      All unemployed are now working under the table. They just ran out of UI.

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                        #12
                        Guy at the Casino in Las Vegas told me was getting $11 an hour cash.

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                          #13
                          If the US is in recession, the rest of the world is in depression which is where we will be shortly. Alberta companies are moving to SK to find work. Never thought we would see the day.

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