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First data release for 2nd quarter US GDP Tomorrow. Expected drop is -40%. Ouch.... beware the next few days.
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[quote:Anonymous Coward 11327697:MV80NDcyMDU2XzgxNDQ0NDQxXzFENEVFODM4] Nah, market will go up for sure. You do realize that Trump er all have given the Fed *unlimited* money to buy stocks, bonds and treasuries, and that is what they are doing. The numbers could be 15 times worse, and the market will still go up, and this is not just happening in the US, the US Fed is doing the same thing all around the world. [/quote]
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Plus many Western countries around the world will also release second quarter data. Wonder why markets are shrugging off the worst decline since the Great depression. The largest drop in GDP growth in 2008 was only 8%.
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