Markets dip on Stinker GDP, inflation reports

[DemocratSinceBirth]

MANHATTAN (CN) — A pair of crucial economic reports poured cold water on markets, showing declining growth and resurgent inflation in data released Friday.

The latest personal consumption expenditures reading published by the U.S. Bureau of Economic Analysis showed a 0.4% increase in prices for December compared with the 0.3% increase most economists had forecast.

The report, which had been delayed by the government shutdown last fall, is considered the Federal Reserve’s preferred measure for inflation, which is bad news for those hoping for more aggressive interest rate cuts.

Similarly disappointing, the bureau’s first estimate of gross domestic product for the fourth quarter of 2025 increased by only 1.4%, much less than the predicted 2.5% increase. The GDP report also was delayed due to the government shutdown.

...

https://www.courthousenews.com/markets-dip-on-stinker-gdp-inflation-reports/

[bucolic_frolic]

1. Trump said last week 15% GDP growth

But we'll be getting $2,000 tariff rebate checks, amiright?

[DemocratSinceBirth]

2. GDP is slowing. Inflation is growing.

That's bad news. That's all that needs knowing.

[Scott Alan Swaggerty]

3. They're gonna have to make distractions for the economy AND Epstein now

[Gore1FL]

4. Many of the major indexes are up as I type this

Dow + 0.11%
Nasdaq + 0.67%
S&P500 +0.34%
S&P400 +0.31
S&P600 +0.07
Russell2000 +0.08