GDP shrank at revised 0.6% rate in second quarter, signaling US remains in technical recession.
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#inflation #cpireport #stockmarketcrash
Jerome H. Powell, the Federal Reserve chair, faces a challenging moment as inflation proves more durable than policymakers expected.
What to expect from the upcoming Fed meeting. Of course, the Fed decision on Wednesday, that's at 2:00 PM, which is going to be dominating conversations all week. We're also going to be keeping our eyes on retail sales. That's also coming out Wednesday morning. Let's bring in our own Alexandra Semenova for everything we need to know.
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
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The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest.
The Federal Reserve conducts the nationโ€™s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy; promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad; promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole; fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.

By Stock Chat

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35 thoughts on “market update gdp report just released…”
  1. Avataaar/Circle Created with python_avatars Eddie says:

    wish I could go to the pizza party I have so many questions

  2. Avataaar/Circle Created with python_avatars Vini Malvadeza says:

    Trying to make sense of cryptocurrencies can be a bit overwhelming for investors. < It's a nascent but promising asset class built on technology that has the potential to disrupt a wide range of industries. For investors, what's probably most attractive is the possibility of life-changing returns. Don't worry, you're not late to the crypto party. We're likely still in the very early innings, leaving you with lots of time to put money to work and learn about this burgeoning market. If you're new to crypto then my advise is that you trade with the guidance of an expert. I have learned from alot of especially from my mentor Anika Hobson, who taught me how to make trade and increase my portfolio to 19 btc lately.

  3. Avataaar/Circle Created with python_avatars Sharscottyy says:

    IS IT ONLY ME THAT MY FRIEND RICKY SEEMS TO BE A LETTLE UPSET.? BLESSINGS HOPE EVERYTHING ITS OKK

  4. Avataaar/Circle Created with python_avatars Pauo Bunyon says:

    The reason we haven't crashed really bad like the 90s is because of current tech that allows the economy to keep ahead of the curve

  5. Avataaar/Circle Created with python_avatars Scarlett jack says:

    Brilliant analysis of the different things to watch for on the different time frames. Good to see everyone feels the same way when they lose money, everyone thinks they could do this or that with that money which is as good as gone, instead people refuse to seek help from professionals, Edward Joseph James set to be different and unique, I made about $470k already from his day tradng, all i did was to copy his daily signals, am done having heart breaks hodling and trading myself lol..

  6. Avataaar/Circle Created with python_avatars KFC Manager says:

    Bro we mooning to $480 ATH… soft landing confirmed.. bears getting slaughtered

  7. Avataaar/Circle Created with python_avatars Jose (Rainititan@gmailcom) says:

    Greetings,reach him ๐Ÿ‘† ๐Ÿ‘†for help,I live here in Australia ๐Ÿ‡ฆ๐Ÿ‡บ To earn from stock/forex trading, I will advice you to reach out to a good trader that will guide you properly,only if you are willing to learn how to trade and earn upto $58,000 per week ,

  8. Avataaar/Circle Created with python_avatars Axel Grytt says:

    i have realized that if you inverse rickys predictions you will make money. The problem is if he reads this it might stop working.

  9. Avataaar/Circle Created with python_avatars John Tagger says:

    I just started watching your videos and appreciate the analysis. I started trading a year ago and am finally finding my groove. I only trade TQQQ.

  10. Avataaar/Circle Created with python_avatars rookandpawn says:

    I would wait for 2 to 4 weeks before opening up a short again. I got killed today and the market can prove to me it can go to 4500 by that time if not more.

  11. Avataaar/Circle Created with python_avatars Jason Azuma says:

    Think of it like an ocean. The swell is driven by data but the chop is due to algorithms and big money manipulation. Just have to learn how to deal with the chop if you want to ride the waves.

  12. Avataaar/Circle Created with python_avatars Quantum G says:

    Maaan, I'm feeling bullish.

  13. Avataaar/Circle Created with python_avatars L.C.S. FITNESS says:

    I need this opportunity when I live in Arizona but Just got back from Buffalo,NY.

  14. Avataaar/Circle Created with python_avatars Sammy Solis says:

    I want to day trade TQQQ & SQQQ and learn . Practicing on paper trading mode

  15. Avataaar/Circle Created with python_avatars Live N The Moment says:

    How much more greedy can they get?? I have to say this is an awesome video, Thanks for the info. Hope you have a great day with the Pizza Party wish I wasn't in CT, and down south ๐Ÿ‘๐Ÿ‘๐Ÿ‘๐Ÿ‘

  16. Avataaar/Circle Created with python_avatars Isaac Rivera says:

    Love the short quick and to the point video. No intro, just news

  17. Avataaar/Circle Created with python_avatars GS_Delve says:

    Quick recap boysโ€ฆ.the market might go upโ€ฆ.or it might go down.

    Have a nice day

  18. Avataaar/Circle Created with python_avatars Hydrohustla Genetics says:

    Gsat๐Ÿš€ $5.00

  19. Avataaar/Circle Created with python_avatars Jack X says:

    SIFCHAIN is going to the ๐ŸŒ›

  20. Avataaar/Circle Created with python_avatars Pronghorn67 says:

    Is the Fed expected to raise rates tomorrow?

  21. Avataaar/Circle Created with python_avatars Lars Larsen says:

    One months the Fed are dovish, next meeting Thayer hawkish. Flipping flooping.
    Amarture. ๐Ÿคก๐Ÿคก๐Ÿคก๐Ÿคก

  22. Avataaar/Circle Created with python_avatars Dove Daniels says:

    So now all the fools have agreed that we are in a recession when the smart ones have always known we are in a recession since January 2022

  23. Avataaar/Circle Created with python_avatars coolvibez says:

    Big bank Rug Pull Monday

  24. Avataaar/Circle Created with python_avatars J.N- Turner says:

    good stuff

  25. Avataaar/Circle Created with python_avatars Johnson Whitewater says:

    I missed out on a dip opportunity like the one going on right now before and I couldnโ€™t forgive myself and I swore ever since to reap every chance of investment whenever itโ€™s a dump and all my investments has been orchestrated by the most trustworthy and reliable trader.

  26. Avataaar/Circle Created with python_avatars bigsidable says:

    As I look at my portfolio. I see that there is a 50/50 consensus on the rate hike. Or a 50/50 chance being Hawkish or Dovish. So no one knows for sure. But Iโ€™m quite sure it will be a Hawkish Stance.

  27. Avataaar/Circle Created with python_avatars Falcon says:

    Kids. Buy GDX and please listen to me. Buy real silver coins you can buy them at pawn shops. Please listen to me.

  28. Avataaar/Circle Created with python_avatars TJ TJ says:

    My greatest happiness is the $ 64,000 bi – weekly fart I get consistently from my $ 15,000 investment in rare albino monkeys that fart into jars. (trying to mimic a spam comment)

  29. Avataaar/Circle Created with python_avatars Mid-Class VS Sup-Rich says:

    SHORT SELLERS WILL LOSE LOTS OF $MONEY$! NEWS CAN'T STOP THE SHORT SQUEEZE (Til Nov Mid-Term Election) Blahhhh (C.C.O) CHIEF CLOWNS Officer. LOL.

  30. Avataaar/Circle Created with python_avatars Joe Finero says:

    Crashโ‰๏ธ

  31. Avataaar/Circle Created with python_avatars Joshua Beck says:

    Yesterday you called for a crash and we gap up ๐Ÿ˜†

  32. Avataaar/Circle Created with python_avatars Yvonne Hy says:

    Please help me to vtnr how much is will up today thanks

  33. Avataaar/Circle Created with python_avatars SUJIT DEORE says:

    โค๏ธ๐Ÿ‡ฎ๐Ÿ‡ณโค๏ธ

  34. Avataaar/Circle Created with python_avatars JoshuaTALKS says:

    Let me guess Ricky, a crash? As every day. Every video.

  35. Avataaar/Circle Created with python_avatars Sebastian reed rasmussen says:

    Love your videos ricky, and all you do respect from here๐Ÿ’ฏ

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