The market is in for a 'rude awakening' about the U.S. GDP print: Danielle DiMartino Booth

[@Mrjits]

This is some great analysis. The consumer is holding up the economy right now and a lot of the employment reports we see are lagging indicators.

[@trentpetersen3072]

Trillion dollars every 100 days or GDP would be massively negative.

[@waltlowry4297]

Administration need to stop spending and giving money away.

[@BubbaBlackmon]

Every analyst has an opinion but here are the facts: The average return of the S&P 500 12 months after the first rate cut is 15%. For small caps it's 27%. These include periods of recession and non recession.

[@faizanhaque2070]

She’s breathing deep during those pause. I usually don’t comment this type of thing but it’s was crazy noticing

[@wolfpackforlife1]

Shes really smart. She needs the oxygen to feed her enlarged brain.

[@SimonTemplarDude]

I feel maybe she's a smoker?

[@prolific1518]

​@@SimonTemplarDude definitely lol

[@swaggitypigfig8413]

Jesus Christ chill man 🤣 ​@@wolfpackforlife1

[@okok-uc8hi]

She’s probably nervous, plus she’s talking very fast. It’s normal, stop harping on things that don’t matter

[@knowthyself690]

When I saw that GDP numbers where coming out this week, I decided to prepare for a down day. The math is mathing for a slowdown on all things consumer

[@sxs88]

I seem to recall a certain market whisperer predict a coming recessionary print in Q3-Q4 2023 and then again in Mar 2024 (massive tech layoffs would have precipitated it supposedly), and now the third time must be the right call! Oh my!

[@ralphjessee2688]

When ALL of the data is either a survey, or completely fabricated. It is hard to get it right.

[@AsuSun-k6r]

Smart real analysis..

[@thomastang3140]

What would be Harris's response on the soft-landing scenario? "I grew up in a middle class family and we need to create hope in the community, and to support small business. More importantly, to realize the significance of the passage of time!" Anyone understand? Precisely!

[@tterb777]

Well, once again as a reminder, the economy always does better with Democrats in power. If Trump got empower and increased tariffs and extended, the tax breaks or even increased tax break for the rich, it would only cause a huge deficit that we’ve never seen before.

[@ralphjessee2688]

@@tterb777 Your comment doesn't seem to reflect the reality most experience. The deficit and borrowing have exploded under the Harris/Biden regime.

[@aceyage]

@@ralphjessee2688Result of Trump/COVID.

[@patrickm6012]

@@ralphjessee2688the deficit skyrocketed under Trump. Also the bond market was inverted in 2019, signaling a recession prior to COVID and his bungled response to it.

[@ralphjessee2688]

@@aceyage Trump didn't create Covid and the initial Cares Act was under 2 trillion. The balance of the debt explosion was all Harris/Biden.

[@Muricans1776]

Seems like an unhinged conspiracy theorist trying to make her family prepare for the Terminator…..

[@paulevans4905]

Deficit spending has a way of propping up things.

[@jb3995]

This segment would never be aired in the US 😂😂😂😂

[@gen-X-trader]

I'm just going to point out in all the years I've watched her talk she has never not been worried and scared about some impending doom scenario 😂 I'm not sure she's ever been bullish equities, like ever

[@AuraAraucariaceae]

DIMARTINI BOOTH 🔥🔥🔥🔥 ANALYSIS

[@thep751]

Consumer expenditure PCE actually rose for last June and July. The most troubled indicator would be unemployment rate which triggered Sahm rule but she did not articulated that.

[@danielhutchinson6604]

The GDP has been sustained above neutral since the 3rd quarter of 2022, by European Consumers being forced to buy overpriced LNG. So any variation of the figures brings you back to ask, where is the real Baseline for this economy? Is Europe going to continue to support the USA?

[@thep751]

@@danielhutchinson6604 Are you Russian troll? LNG sales to Europe from US is about $35 billions a year, and US GDP is $27+ trillions. US GDP is hardly supported by LNG sales. Domestic consumer spending is 70% of the US economy, that is where the critical component of US economy is.

[@dannypowers4995]

Our government lowering the prime rate will only encourage the consumer to take on more debt. The rate should automatically be raised when consumer debt reaches a level agreed by the public vote. Discouraging our consumer to take on more debt. Banks have to pass a stress test each yr. The consumer as a whole nation should have to pass a stress test determining the prime interests rate. The higher the debt level the higher the prime rate. That will Discourage the consumer from going bankrupt.

[@sivakumaran125]

US economy is not strong enough to bear higher interest rates(fragile economy that breaks too often)

[@ralphjessee2688]

Exactly - If the economy is chugging along so well, why cut rates?

[@patrickm6012]

You don’t read much do you. Inflation is under control but their focus is on the unemployment rate. It’s a balancing act.

[@sivakumaran125]

@@patrickm6012 Are you in the US? I am in India but I know inflation is still high than what it is reported in the US US is in recession already possibly from Q1 of 2024 wait and see after elections lots of data will be revised on the downside

[@ralphjessee2688]

@@patrickm6012 You were mumbling, again. Yeah, I read plenty. And I'm told the economy is robust and the consumer is doing well.

[@kurdi98k]

The market can remain irrational for very long, hence it doesn't even matter what you do

[@tterb777]

People have been talking about a recession or even even depression frankly since 1995. I still remember the day when interest rates were going down and people were fearful that there was a problem because they decrease the interest rates only in their mind to predict a massive recession down the road once the interest rates stopped, dropping or worse, yet went up. This chatter is old news

[@djcj7379]

The economic backdrop at at time was totally different, yield curve was never inverted, but dont feel bad theres plenty of talking heads comparing unalike datapoints

[@Sammy517]

Right.... And there were NO recessions since 1995!! 😂

[@incipidsigninsetup]

She may be right, but there still will be a massive rally between now and the end of the year.

[@ralphjessee2688]

Just like the '07 rally?

[@foolsleadtheworld578]

@@ralphjessee2688 🤣🤣👍👍

[@darrellh4259]

They not listening

[@kevinwaters5872]

A wise person once cautioned : you cannot spend your way out of a recession. Guess we will see , huh ? I am with the wise man on this one.

[@winglam6438]

Who actually takes this woman seriously, she's been screaming for a US rescission for the past 2 years. She couldn't predict the winner of a one man race. 🤡

[@tterb777]

We’ve been hearing cries of recession since 1995. I’ve been watching this almost daily people freaking out on social media and even business media sites.

[@Jjkal899]

Totally agree. Fear sells.

[@NunYa953]

We've been in a recession for the last 2 years.

[@---dm4vx]

The blonde lady has arms like hulk Hogan

[@restassuredworship]

Sahm rule and uninverted 10\2 yr yield curve recently should have everyone worried. Add threat of war, elections and and downward revisions... Yeah you should be thinking about hedging at the very least!

[@giantessmaria]

comical! shes literally been saying this same kind of doom and gloom for 2solid years now...

[@bradleysmith4984]

Alarmist hysteria.....

[@fred-n6f]

wow, she is so wrong. and no good track record proves it

[@prolific1518]

4 week account. Bot

[@Fried52]

Finally, thought I was the only one who noticed.

[@RalphCarl-t6x]

Leta Hills

[@KungPowEnterFist]

Its been at least 40 straight months that she is been 100% wrong. Maybe she should get a Ph.D, so that maybe she'll at least be right some of the time. She just keeps repeating the same wrong information/predictions over and over and over again.

[@prolific1518]

You believe data heading into an election. You're a good lil sheep

[@ziprline]

If she had sex with Jim Cramer and they had an offspring, you would have the 100% perfect market contra indicator.

[@AlanSmith88888]

Bears 😂😂😂

[@tterb777]

All of her argument boils down to consumer spending. So since that is the case, and we put more cash in peoples hands by lowering the interest rates… To me sounds like it will be addressing the consumer confidence.

[@dgaz3057]

spending will increase when the Hurricane hits...

[@jacqueslucas8616]

Cnbs always pushing soft landing 😂😂😂

[@hareshbhirud]

She is a joke. CNBC’s timepass.

[@ssuwandi3240]

Indeed. A bunch of overpaid Phd😊

[@JenniferThomas-z7l]

Garcia Kevin Harris Timothy Hernandez Jessica

[@ziprline]

This person needs to duck into the shadows. She's always wrong or off timing. So sick of people being given MSM credibility just because of their race or gender.

[@LouiseLegault-w6z]

Dibbert Club

[@ClaraIda-x1e]

Wilson Sharon Perez Maria Anderson Linda

[@harischsood5479]

She has been always wrong and never in doubt. She is a marginal figure at the Fed and somehow has parlayed this into being an expert on the markets. She manages no money and is basically a dilettante. Listen to her and lose money.

[@BAS-xi3vp]

STOP HATING LADIES!!!!!!!!!!!!!!!!!!!!