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
18,447 Blog Posts

Trump Says US GDP Can Grow “Much Higher” Than +5%

Come on — what the fuck sort of tomfoolery this this? When China reports their +6.8% GDP every quarter, it’s always met with hard eye rolls — because no one believes their central planned numbers. Now with Trump being able to tout a very impressive +4.1% GDP number, which is likely a one off event, he’s upping the ante and talking greasy now — saying we can go ‘much higher’ and that +5% is a small number. He thinks we’re gonna grow at 6,7,8, fucking 10% GDP.

I’ll tell you want — we grow more than +5% GDP and I’ll throw myself into a lit fireplace.

Mark this post: We will never grow at +5%. Ever.

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6 comments

  1. acehood

    Rates would really take off then.

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  2. nocigar

    If inventories had just been flat in Q2, we’d have had 5%.

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  3. moneybagz

    Douse yourself in kerosene, should of been more specific because our nominal YoY growth rate is above 5 already. https://fred.stlouisfed.org/graph/?g=kNUX

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  4. indie

    and yet the debt/gdp ratio is atrocious…

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    • cancel19

      Getting that darn GDP up is a hell of a start to remedy the situation.

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  5. arnoldsimage

    Sure thing… Gartman.

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