Drudge Retort: The Other Side of the News
Tuesday, April 16, 2024

Truth Social stock is dead and the American economy is alive. The US is on track to grow at double the rate of any other G7 country this year, according to IMF forecasts, as the strength of the world's biggest economy rocks international markets. Strong household spending and investment will help propel US growth to 2.7 per cent this year according to the fund's latest World Economic Outlook. The figure is higher than the 2.5 per cent estimated for 2023 and represents a 0.6 percentage point upgrade on the previous forecast. The projections highlight the US economy's role as the driver of global growth, as investors across the world scale back their expectations for Federal Reserve interest rate cuts.



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I love this. Brandon haters can do wakka do wakka do wakka dooo.


#1 | Posted by Wardog at 2024-04-16 09:06 PM | Reply | Funny: 1

Thanks Brandon!

#2 | Posted by Nixon at 2024-04-17 07:12 AM | Reply

Mississippi's GDP growth apparently doubled after the governor found a nickel in his couch.

#3 | Posted by Sycophant at 2024-04-17 01:30 PM | Reply | Funny: 1

Strong household spending and investment will help

What is the breakdown? 50/50? .05/95.5?

The cause of disinflation in advanced economies was being aided by a stronger than forecast rise in employment, in part because of inflows of migrants, the IMF said. There had been faster growth in foreign-born rather than domestic workforces since 2021 in economies including Canada, the eurozone, the UK and the US

Ah, so not impacting the existing workforce positively, mainly only "investors".

#4 | Posted by redlightrobot at 2024-04-17 07:43 PM | Reply

Ignore the errant zero, or include another. It's the same point of reference.

#5 | Posted by redlightrobot at 2024-04-17 07:44 PM | Reply

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