$NVIDIA (NVDA.US)$dont panic so fast. GDP is negative because of large amount of import that wholesalers bought on March anticipate the tarifffs on April.
74906959
:
The first quarter is fine, with the temperature at 123 being so cold that no one is going out to play. Consumer, when the temperature at 456 is nice, more people will be active, and there will be more going out to eat.
Mike A663
:
this report is way worse than i thought. i was thinking like 0.8% growth, this is now already negative. next one Q2 probably be a bit better due to people buying before tariffs, but definitely gonna wayyyy more get lower in Q3 report.
10baggerbamm
OPMike A663
:
yeah this actually put me on my heels it's a hell of a lot worse than what I thought was going to come out. this is going to change the whole storyline for investing going forward everything just changed it certainly is great news for Democrats it's very bad news for president Trump you can't sugarcoat this number any other way and even though he will say these numbers are biden's economy when these tariffs kick in even though you had a lot of forward spending the stockpile goods in the United States this is a very very bad number coming in the second quarter right now it's only going to be accelerating to the downside
$NVIDIA (NVDA.US)$go and sell everything and buy japanese assets like buffett. he already sold all his nvda shares long ago. the one thing he got wrong is that this recession is a bit delayed. now its only starting.
$NVIDIA (NVDA.US)$halfway through recession. -0.3% GDP growth. it's gonna get lower for real
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TradingNewbi3 : have we reached the bottom yet
Ah_huat23 : then below 100 u buy
above 100 u sell and u will be rich