• Re: Global Economic Reports

    From Dude@punditster@gmail.com to alt.buddha.short.fat.guy on Wed May 13 10:26:51 2026
    From Newsgroup: alt.buddha.short.fat.guy

    On 5/10/2026 2:55 PM, Dude wrote:
    On 5/9/2026 3:04 PM, Noah Sombrero wrote:
    On Sat, 9 May 2026 11:51:54 -0700, dart200
    <user7160@newsgrouper.org.invalid> wrote:

    On 5/8/26 7:40 PM, Dude wrote:
    On 5/8/2026 7:30 PM, dart200 wrote:
    On 5/8/26 6:56 PM, Dude wrote:
    It looks like America is pulling away from the pack in global
    economic growth. Sorry, not sorry!

    "The numbers are in rCo and despite the endless hand wringing from >>>>>> cable- news economists and professional America pessimists, the US >>>>>> economy is once again lapping much of the developed world.

    inflated stock markets are inflated ?

    And, you would know this how?

    because the P/E of the S&P 500 is at historic highs

    That does not mean that greed has not pushed prices into the realm of
    irrational exuberance.

    Do you have any global economic reports?
    Of course, itrCOs not all sunshine. Still, compared to the economic face
    plants happening elsewhere in the developed world, the US remains the
    cleanest shirt in the dirty laundry pile.

    "Apparently, consumers are still feeling squeezed. Spending growth
    slowed to 1.6% in the first quarter, down from 1.9% at the end of 2025. Inflation also remains hotter than the Federal Reserve would like,
    thanks in large part to surging oil prices after the war with Iran
    rattled global energy markets and disrupted shipping through the Strait
    of Hormuz.

    That pain is hitting ordinary Americans every time they fill up their
    tanks or swipe a credit card at the grocery store." - Quora

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