iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,455 Blog Posts

America the Great: Q1 GDP Tracking Higher After Today’s Numbers

The school girls are out in force today, supporting Janet Yellen’s decision to purposely drain the world of liquidity. Steve Liesman is out shooting nerf bullets at the negative GDP camp today, suggesting that the numbers are going way up.

I am bored of the horseshit coming out from Liesman. The economy hasn’t outperformed in a decade. However, for some oddball reason, whenever one piece of positive data comes out, Steve and his school girlfriends crawl out from under the stairs to say GDP is going up, how it can grow at 4%, yadda, yadda, yadda.

It never happens.

Nonetheless, if this Russian style form of propaganda can boost my SPY higher, so be it.

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2 comments

  1. Bullish

    Psssst… Fly….

    GDP IS GOING HIGHER AND ITS GOING TO BE 4%, President Trump will make sure of it.

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  2. razorsedge

    Ask Rick santelli

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