"How do you spell stagflation?"....savage

So basically we're going to keep this economy going for as long as we can until it literally hits the ground and starts combusting in to flames, this will not be a depression this will be a nightmare financially for everyone because right now when the inflation spikes up like a rocket and the dollar detaches itself from normal levels we're going to be just like Zimbabwe or Germany with wheelbarrows of money for bread. I personally feel like we have maybe 4 to 5 years of somewhat economic transactions with money and debt but after 2030 I think that's when everything will falter and hit the skids. I would buy Bitcoin and buy hard assets like gold /silver as a store of value while also actively trading...The only wild card for us investors is to actively engage the market by trading, we always over complicate things when we speculate. It's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Kelvin Hurdle, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape....

In separate news the Chinese economy is crumbling down growing only at 5.3% in Q1 of 2024. Its EV export hits a new record high.

The fed will come out with another statement and the market will rally based on the statement.

Put these numbers on the screen while hes reading ffs.

212,000 in how many months? This cooking the books shouldn’t surprise anyone.

Thank you for writing GDP "increased" as the Bureau of Economic Analysis wrote in its press release and not that it "grew." The U.S. economy has not primarily grown organically (productivity, innovation or positive balance of trade) in decades. It is primarily just getting larger due to massive borrowing (national debt, corporate and consumer). To say it "grew is misleading!"

Subtract Government spending from GDP = Real GDP Figure ......!!!

This is awesome; the more we work the more GDP goes down. We are Ukraine now. We're an eastern block country. You've achieved full communism. You're the man America. I know someone who volunteered over there and he said in their government office builders there was a guy selling broken light bulbs outside and the people would buy the broken light bulb and then switch it with the working light bulb in their office light and put the broken one in there and take the working one home. And the guy changed light bulbs would sell the broken one's outside. They had a GDP like you. The light bulbs they changed the more broken light bulbs they got. You're the only country that can increase the homeless population by building more houses also. If Jimmy Carter wanted to reduce homelessness he should have just quit building houses.

GDP = Government spending one trillion every 100 days.

I was hoping corporations could squeeze a bit more growth. But looks like they're tired. Everyone is tired.

This economy is on life support. This crash will be worst than 2008.

Why is this guy speaking like he’s on a game show

Yesterday it was up and everyone was calm, drops some and everyone screams.. it will go back up people

So stronger dollar and higher rates. And financial tightening. Until fed can cut. Economy itself needs to get it's feet under it. Fiscal stimulus can not achieve growth alone.

What happened? I thought stocks would soar on high earnings 😂 they’re so hopeful for this circus to continue.

With this what will happen to gold rate globally? Increase or decrease???? Any economist please help to answer.....

Take away massive government deficit spending and we are in contraction. Gold signing huge problems.

Of course continuing claims are down, people no longer qualify for unemployment as its time limited. That number should have been falling for like a year now atleast

Stagflation is here.

These reports are always better when they include the discussion that follows, too, especially when Santelli and Liesman mix it up. It's helpful to get all the contrary and wide range of perspectives..

That’s what the government and the feds wanted. People with no jobs or crappy jobs don’t purchase. Taxes and government fees still taking too big a bite for the few that still have jobs. But giving money to foreign countries and non self supporting migrants remains a priority.

Thanks for continuing updates 👍 I'd rather trade the crypto market as it's more profitable. I make a good amount of money per week even though I barely trade myself.

Does low GDP numbers mean rate cuts coming earlier than September since it suggests low economic movement?

Even with all the inflation. The jobs reports are absolutely people getting a second or third jobs.

trade deficit is a disaster and it is classed as a lesser problem. It is the biggest problem

US debt at U$35 trillion is 140% pf its U$ 25.44 trillion GDP. It borrows 40% of its GDP or U$10 trillion to achieve 1.6% growth or U$0.4 trillion. US economy has collapsed!

Rick should be a cartoon !!!!

Alas, Jerome Powell is today’s Arthur Burns

China's economy is collapsing😂😂

Put a table on the screen please. Only dinosaurs read from paper and yell into a camera 😂

CNBC... give hunter the pipe back.

Rick Santelli, really rather smelly.

Vacation time strong dollar. Enjoy.

And you clowns are telling people to buy the dip. Bond market going to take Wall Street to the wood shed chopping block?

BIDENOMICS! WE DID IT JOE

Failed Economics 100, 101 Booooooooooo Booooooooooo Democrats •○●□■

If you called Stagflation a year ago like I did, you clearly know how the economy works.

call it Democrat-flation......

!!!My outlook on money changed when I realized someone making $300,000 can retire broke & someone making $80,000 can retire a multi-millionaire.. With the current market movement, you have $100,000 to invest. Where are you investing it?

Are the numbers correct? Valid?

I expected it and have been planing for it since the disaster of 2008 because it was never fixed.

I have blue hair and my parents are rich and I think Biden is doing a great job

Greatttt

212,000 in five months? If they were cooking the books, they would not be so obvious. Grow up Rantelli.

Nope, can not be true, with all guests that CNBC invites to tell us the economy is great and we are just imagining all the badness. I mean they had a Nobel Prize winner recently telling us how spectacular the economy is doing and how can a Nobel Prize winner be wrong? By the way is the Fed ever going to sell all those shares of stock it bought to stop the stock market from crashing during the pandemic??? We need all of those shares released so this falsely elevated stock market can come to its true low level; then the stock market will match the economy and the real recovery will begin. This "soft landing attempt" is only helping people with a good amount of money. This compound inflation is really bad for the majority.

Let's go Brandon!😂

Haha Rick Santelli is the best! Dude just speaks his mind period.

Bidens America

Goddammit Powell..

Strong and Sound Labor Market! Thank you President Biden

Please replace this man with anyone else.

Rick Rules!

Seems Like Bidenomics is pretty crappy after all.

Biden economy humming along! Even though I am unemployed...Biden Harris 2024!!!!!

🤔💭🥱 so go to sleep