The U.S. dollar index is down more than 10% against a basket of other currencies this year, at a three-year low. The speed of the decline is the story.
The dollar index peaked when President Trump was inaugurated. But it has since "fallen farther, faster than in any year since the U.S. abandoned fixed exchange rates," Karl Schamotta, a currency strategist at payments firm Corpay, tells Axios.
It’s the one year anniversary since Scranton Joe bragged about how he beat MediCare.
No wonder H is struggling today. This wa yet another milestone in exposing H’s idiocy/partisanship.
Autopen indictments should be next. Anthony Bernal skipped yesterday’s hearing and now got a subpoena. JW saw how badly it went for that gal on Tuesday.
What a beautiful press conference happening right now after the SCOTUS ruling against Marxist judges lunatics like Her Dazzler worships. I love RATs and deep state CONs getting kicked in the teeth in the morning. It sounds like...VICTORY.
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.9 percent on June 27, down from 3.4 percent on June 18. After recent releases from the US Census Bureau and the US Bureau of Economic Analysis, an increase in the nowcast of the contribution of net exports to second-quarter real GDP growth from 2.07 percentage points to 3.49 percentage points was more than offset by a decrease in the nowcasted GDP growth contribution of inventory investment from -0.42 percentage points to -2.22 percentage points.
It's starting. This (2d quarter) was the one quarter that was likely to look good for you gals and now it's declining. Last quarter was revised down (further) yesterday, as you'll recall.
All Daddy had to do was stay out of the way of the American economy. He chose to "fix" it instead.
Meanwhile, Red states open during Covid saved your lemonade stand of a business as you simultaneously mocked the people living there and their state governments.
The Conference Board Leading Economic Index fell 0.1% month-over-month in May, marking its sixth consecutive monthly decline and signaling intensifying recession risks for the U.S. economy.
What we need to help the private sector economy is to defeat the BBB and have a huge tax increase on the working American public. Basic things you learn at a mythical MBA program. Want less of something, tax it.
*While some officials are reluctant to accept it, Fed Chair Jerome Powell now acknowledges the Fed’s mistakes. When asked in a recent interview whether the Fed was too slow to recognize inflation in 2021, Chair Powell admitted, “in hindsight, it would’ve been better to have tightened policy earlier.”
In truth, the Fed was not simply too slow to recognize inflation. Rather, it worsened inflation by continuing its monetary expansion even after the negative effects were known.*
They've already signaled they were probably wrong about tariff inflation too.
Hold out hope though H! Powell could still blunder us into a recession like Greenspan did.
Comments
Sure Alice
Reserve currency is a huge issue. Game changer
Retard
What Race knows about Switzerland.
The U.S. dollar index is down more than 10% against a basket of other currencies this year, at a three-year low. The speed of the decline is the story.
You mean when they pulled all the BidenFlation fake numbers out of the economic reports? That's all on the guy you voted for!
It’s the one year anniversary since Scranton Joe bragged about how he beat MediCare.
No wonder H is struggling today. This wa yet another milestone in exposing H’s idiocy/partisanship.
Autopen indictments should be next. Anthony Bernal skipped yesterday’s hearing and now got a subpoena. JW saw how badly it went for that gal on Tuesday.
H frantically searches for bad news
Pathetic as always
You don't even understand Switzerland bro
What a beautiful press conference happening right now after the SCOTUS ruling against Marxist judges lunatics like Her Dazzler worships. I love RATs and deep state CONs getting kicked in the teeth in the morning. It sounds like...VICTORY.
Latest estimate: 2.9 percent — June 27, 2025
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.9 percent on June 27, down from 3.4 percent on June 18. After recent releases from the US Census Bureau and the US Bureau of Economic Analysis, an increase in the nowcast of the contribution of net exports to second-quarter real GDP growth from 2.07 percentage points to 3.49 percentage points was more than offset by a decrease in the nowcasted GDP growth contribution of inventory investment from -0.42 percentage points to -2.22 percentage points.
________________________________________________________________________________________________________
It's starting. This (2d quarter) was the one quarter that was likely to look good for you gals and now it's declining. Last quarter was revised down (further) yesterday, as you'll recall.
All Daddy had to do was stay out of the way of the American economy. He chose to "fix" it instead.
Keep hope alive
Dope
H hoping for the USA to fail never gets old.
Fucking Doomscrolling all day, aren’t you?
Meanwhile, Red states open during Covid saved your lemonade stand of a business as you simultaneously mocked the people living there and their state governments.
Such a piece of shit.
🤡🤡🤡
Now do how many of those "reserve currencies" are pegged or tied to the US dollar.
I'll wait for you to Google it H.
To be fair it wasn't hard
The Conference Board Leading Economic Index fell 0.1% month-over-month in May, marking its sixth consecutive monthly decline and signaling intensifying recession risks for the U.S. economy.
Intensifying recession risks
lol
4 years of sucking off the dementia puppet
don't knock it, Gertrude
a recession may be your best hope of inflation below 4%
of course, inflation above 4% and a recession is also in the cards
Blah blah blah
Put a cork in it. You clearly know nothing about the economy
At all
Under the dementia puppet we had REAL inflation his entire term, fake growth and job numbers and a shit economy for Americans
And you cheered
Now Trump is turning it around and you're melting down
Fun to see
What we need to help the private sector economy is to defeat the BBB and have a huge tax increase on the working American public. Basic things you learn at a mythical MBA program. Want less of something, tax it.
But there are intensifying risks!
Tough day for America Last. SCOTUS finally did their job on the federal judges
Ramp up the deportations and spending cuts
So much winning
*While some officials are reluctant to accept it, Fed Chair Jerome Powell now acknowledges the Fed’s mistakes. When asked in a recent interview whether the Fed was too slow to recognize inflation in 2021, Chair Powell admitted, “in hindsight, it would’ve been better to have tightened policy earlier.”
In truth, the Fed was not simply too slow to recognize inflation. Rather, it worsened inflation by continuing its monetary expansion even after the negative effects were known.*
They've already signaled they were probably wrong about tariff inflation too.
Hold out hope though H! Powell could still blunder us into a recession like Greenspan did.