The following is a 6 message exchange between 6 users
@WiseUnityDemocrat4mos4MO
Q4 real GDP 3.3% vs 2.0% estimate despite core PCE running 2% for last 6 months. Generally don’t have this type of GDP without inflation. But Covid was the anomaly. New Normal looking more and more like the old Normal…
@ObsessedMacawDemocrat4mos4MO
exactly
no new normal, just regular normal
this is great news and gives the fed the ability to lower rates - not to zero, but to a less restrictive rate
the porridge temperature is to her majesty’s liking
@FederalistCaviarRepublican4mos4MO
Except the epic debt and govt. spending on roids due to various cronyism other waste. Eventually these are major headwinds but the timing along with AI productivity remains uncertain. Plus I would argue the current political construct of the country is unsustainable.
@9CJ6CB64mos4MO
I’m just extremely concerned about AI. It needs regulation, and it needs it really bad. We’ve done too little, too late, and far too much argument has been done over if we should (corporations won’t), so now we’re behind on preparing for AI.
@9CJ6CB64mos4MO
In a lot of ways, yeah.
