Submitted by mdizzle109 t3_z8x4t0 in wallstreetbets
Specimen_7 t1_iyeocif wrote
Reply to comment by Hacking_the_Gibson in JPOW be like... by mdizzle109
I mean in the last fed minutes, literally the section about forward-looking estimates lowered all expected output for the next two years 🤷🏻♂️
Hacking_the_Gibson t1_iyeyi52 wrote
GDP contracted like 3.5% in 2020 and markets were up 10%.
Corporate profits are what you're buying, not economic growth.
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