Utopia Talk / Politics / US q3 Growth

habebe rank	Thu Oct 29 11:13:06 2020 Is expected to be released today... Let's just say Trump will lile the numbers ( huge) and Jergul can pre emptivley suck it.
jergul rank	Thu Oct 29 14:50:10 2020 What is your expectation of yoy (3q19-3q20) contraction?
Habebe rank	Thu Oct 29 15:03:34 2020 Well, Using your method of " Not cherry picking, just using the most recent data available", pretty good. But more seriously, IDK since the stimulus didn't come through and the election could change things drastically for q4. Regardless q3 will be an impressive bounce back up.
jergul rank	Thu Oct 29 15:03:38 2020 Look what I found: "EMBARGOED UNTIL RELEASE AT 8:30 A.M. EDT, Thursday, October 29, 2020" "Current‑dollar GDP increased 38.0 percent, or $1.64 trillion, in the third quarter to a level of $21.16 trillion. In the second quarter, GDP decreased 32.8 percent, or $2.04 trillion (tables 1 and 3)" Note how percentages work. If you lose a certain %, then you need a larger percent to regain what was lost.
Habebe rank	Thu Oct 29 15:08:17 2020 You act like no one knew.we had the worst drop we have evwr had, he favt is we are on the way back up at an insane rate. Curiosity whats your.cite?
jergul rank	Thu Oct 29 15:10:12 2020 Wow, the numbers dont even add up. A 2 trillion stimulus pricetag to get a 1.64 trillion impact on gdp.
Habebe rank	Thu Oct 29 15:10:41 2020 Hows Norways economic growth going? It must be astronomical like +12%, right?
jergul rank	Thu Oct 29 15:11:13 2020 Only the best cite! http://www...-quarter-2020-advance-estimate They screwed up the embargo :D
sam adams rank	Thu Oct 29 18:25:38 2020 You posted it after the embargo time ended.
sam adams rank	Thu Oct 29 18:26:15 2020 Perhaps time zones confuse you
sam adams rank	Thu Oct 29 18:29:45 2020 Anyway poor seb. Some brits get it though. http://mob...age/status/1321814547108401152
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