Off The Charts Growth
10-11-2020 | 11:52 AM
#61
Gets Weekends Off
Joined: May 2015
Posts: 7,292
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From: A350 Both
St. Louis Federal Reserve President James Bullard offered an optimistic look on the U.S. economy, with "off the charts" growth that will help lift inflation.
Bullard also said he sees the unemployment rate falling to 6.5% by the end of the year, an estimate well below the median projection of 7.6% that his Fed colleagues released earlier this week. Unemployment in August was 8.4%, down from the pandemic peak of 14.7%.
"This is the biggest growth quarter of all time in the U.S.," he said Friday during a moderated discussion with the Boeing Center for Supply Chain Innovation. "It looks like 30% at an annual rate. Crazy number, way off the charts compared to anything we're used to in U.S. post-war macroeconomic history."
Bullard also said he sees the unemployment rate falling to 6.5% by the end of the year, an estimate well below the median projection of 7.6% that his Fed colleagues released earlier this week. Unemployment in August was 8.4%, down from the pandemic peak of 14.7%.
"This is the biggest growth quarter of all time in the U.S.," he said Friday during a moderated discussion with the Boeing Center for Supply Chain Innovation. "It looks like 30% at an annual rate. Crazy number, way off the charts compared to anything we're used to in U.S. post-war macroeconomic history."
10-11-2020 | 11:56 AM
#62
Gets Weekends Off
Joined: May 2015
Posts: 7,292
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From: A350 Both
YAY!
10-11-2020 | 08:38 PM
#63
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
St. Louis Federal Reserve President James Bullard offered an optimistic look on the U.S. economy, with "off the charts" growth that will help lift inflation.
Bullard also said he sees the unemployment rate falling to 6.5% by the end of the year, an estimate well below the median projection of 7.6% that his Fed colleagues released earlier this week. Unemployment in August was 8.4%, down from the pandemic peak of 14.7%.
"This is the biggest growth quarter of all time in the U.S.," he said Friday during a moderated discussion with the Boeing Center for Supply Chain Innovation. "It looks like 30% at an annual rate. Crazy number, way off the charts compared to anything we're used to in U.S. post-war macroeconomic history."
Bullard also said he sees the unemployment rate falling to 6.5% by the end of the year, an estimate well below the median projection of 7.6% that his Fed colleagues released earlier this week. Unemployment in August was 8.4%, down from the pandemic peak of 14.7%.
"This is the biggest growth quarter of all time in the U.S.," he said Friday during a moderated discussion with the Boeing Center for Supply Chain Innovation. "It looks like 30% at an annual rate. Crazy number, way off the charts compared to anything we're used to in U.S. post-war macroeconomic history."
10-12-2020 | 12:19 AM
#64
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Joined: Sep 2008
Posts: 1,906
Likes: 5
From: B767
Never mind, I found one for you:
https://www.cnbc.com/2020/09/30/us-gdp-q2-2020.html
Definitely nice to see some good news!
11-09-2020 | 05:46 AM
#67
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Joined: Jul 2015
Posts: 1,588
Likes: 4
From: MD-88 FO
[QUOTE=Humbleavi8t0r;3156482]Quite a monday morning opening for the DOW. Futures up almost 1700.
DAL premarket 19%.
Pfizer vaccine is 90% effective.
https://finance.yahoo.com/news/pfizer-biontech-covid-19-vaccine-114500360.html[/QUOTE]
yeah. I think this is the result of all the dem investors holding their money out of the market just to spite trump. Haha
DAL premarket 19%.
Pfizer vaccine is 90% effective.
https://finance.yahoo.com/news/pfizer-biontech-covid-19-vaccine-114500360.html[/QUOTE]
yeah. I think this is the result of all the dem investors holding their money out of the market just to spite trump. Haha
11-09-2020 | 05:53 AM
#68
Gets Weekends Off
Joined: May 2015
Posts: 2,960
Likes: 0
From: Power top
Quite a monday morning opening for the DOW. Futures up almost 1700.
DAL premarket 19%.
Pfizer vaccine is 90% effective.
https://finance.yahoo.com/news/pfize...114500360.html
DAL premarket 19%.
Pfizer vaccine is 90% effective.
https://finance.yahoo.com/news/pfize...114500360.html
11-09-2020 | 06:31 AM
#70
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Joined: Feb 2009
Posts: 1,148
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From: Fetal
I don’t think that will prove to be much of an issue. Not even taking the placebo effect into consideration, it’s really only necessary for vulnerable populations to take it. That alone will basically eliminate the death rate. Even if only half of people over 70 take it, they have a high probability of dying of anything every year over 70. Everyone else will take it or not, and it will really only affect who gets sick and who doesn’t. As long as those vulnerable populations are taking it, people who don’t take it won’t really prevent moving the needle on the death rate.
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