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/biz/ - Business & Finance

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20826936 No.20826936 [Reply] [Original]

Whats going to happen when the god awful US GDP data comes out later? How will markets react? What will happen with gold prices?

>> No.20826962
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20826962

>>20826936
priced in

>> No.20827135

>>20826962
this, the only game changer is inflation now. if it gets out of control they have to raise onterest rates

>> No.20827147

>>20827135
>he thinks they will raise

Lmao retard. Powell already said he wants 3%. They couldn’t even get above 2% before

>> No.20827156
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20827156

>>20827135
but, how in the hell they will raise the rate
the biggest debtor is the government
so in the end they will probably choose debt reduction trough hyperinflation

>> No.20827186

>>20827147
dollar is losing value, the imported shit, so basically everything, gets more expensive soon

>> No.20827205

>>20827186
there is a catch
energy is priced in dollars, so you can't really raise prices
you will need a new currency
Pepe Stiff might be right that it would be gold