Former St. Louis Fed President: Probability of a recession isn't any higher now than ordinary times

Former St. Louis Fed President James Bullard joins 'Squawk Box' to discuss the state of the economy, what to make of today's GDP report, impact on the Fed's inflation fight, rate path outlook, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
» Subscribe to CNBC TV: cnb.cx/Subscri...
» Subscribe to CNBC: cnb.cx/Subscri...
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedI...
Follow CNBC News on Instagram: cnb.cx/Instagr...
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: cnb.cx/WhatsAp...
www.cnbc.com/s...
#CNBC
#CNBCTV

[@huong-f9t]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

[@enolachastang]

The strategies are quite rigorous for the regular. They are mostly successfully carried out by pros who have had a great deal of skills/knowledge to pull such trades off.

[@huong-f9t]

@nicolette-t2y Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@rickhayes-oh2zm]

Productivity he can't measure. Yet he knows how many people are not working.

[@allsportsexpert]

Until the downward revision. All government released numbers have been downwardly revised the past 12 months. Example, Q3 2023 employment was initially reported as up 600K and revised down to negative 192K jobs loss.

[@user-ys9sw2gy5g]

He 100 times better than Tom Lee.

[@MrAndersonsplaybook]

Rates are fine where they are! Normal rates for our economy are here

[@rickhayes-oh2zm]

This guy know how many people are unemployed. Do you believe this bum

[@SigFigNewton]

this *bull No. Not at all. He is ignoring in how trends in trends impact economy

[@SG-vh3ti]

Its amazing how they are letting this particular ANCHOR continue with his job. I mean, come on. Can the guy speak properly? Seriously a waste of time turning TV on and seeing his face.

[@user-ig1kv2qx7z]

I disagree. He's the only good anchor on cnbc.

[@twhelostl61]

CNBC has always followed the data. And there is Joe K. for 20 yrs. Not alot to see here.

[@pch5938]

Have they laid off anyone at the Fed yet? That would be a good question

[@rock_oclock]

Thanks James. Boiler up!

[@royprovins7037]

The Joe Kernan show

[@Fgji230]

Roll up your sleeves. Get ready. There's work to do. Get up early, drink your coffee, the economy is going to get moving. And it's not going to wait for you. Get involved in the economy, or be left behind.

[@SigFigNewton]

His name is Bullard? Like a baseball player named fielder

[@bretts2320]

If you believe the growth is 2.8 you don’t know basic economics. This is just clown world at this point.

[@sewnsew6770]

Just lie about inflation then everything is great

[@yhuangaa]

What do you know lol

[@juanrestrepo302]

Way to Go! Thank you President Biden - Awesome GDP at 2.8%

[@user-ys9sw2gy5g]

😂🤡🤡🤡🤡🤡🤡🤣🤣🤣🤣

[@bretts2320]

lol wow. First off this is an estimate. Second it is a fraudulent estimate. People are so gullible.

[@ZDoko-rv7zj]

This is the #BidenBoom. Start giving the sitting president his flowers for this fantastic growth that America is experiencing.

[@bretts2320]

Wow. So none of the business cycle statistics mean anything. He really hasn’t learned anything from history.

[@2023gainer]

Large Ticket item sales Increase in 2024. EV sector aiming towards 17 million EV sales. QS... Archer Evtol Jets..Zapp.. FSRNQ.. Fisker up 53 % today.. Blink Charging...Plug.. ChargePoint... Joby Evtol Jets and more.

[@The_Christ_Angel]

If China is 5% GDP and U.S. is 2.8, if Trump wasn’t attacking China and other countries, the partnership would have been 5% GDP China and 5% GDP U.S.

[@giarc1988]

China GDP numbers are always inflated by infra spending though. That's why they have their current crisis

[@The_Christ_Angel]

@@giarc1988 that’s not true. I did a rescue operation video for them

[@Felix-op1rw]

growth of gdp for developing nation will always be higher because after economic theory gdp growth has decreasing marginal revenue.