The January-March drop in gross domestic product - the nation's output of goods and services - reversed a 2.4% increase in the last three months of 2024 and marked the first time in three years that the economy contracted.

http://finance.yahoo.com/news/...ank-0-5-124015790.html

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I was right.

We haven't even felt the effects of the tariffs yet. Instant contraction for no reason what-so-ever.

The descent is beginning.

http://www.livenowfox.com/news...-rise-states-have-most

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I was right.

Edited: 07/01/2025 at 06:04 AM by Cole

The dollar is off to its worst start to a year in more than half a century.

The United States' currency has weakened more than 10 percent over the past six months when compared with a basket of currencies from the country's major trading partners. The last time the dollar weakened so much at the start of the year was 1973, after the United States had made a seismic shift that had ended the linking of the dollar to the price of gold.

http://www.nytimes.com/2025/06...ingSource=articleShare

A weak dollar and high import taxes. A balancing trade deficit as the US goes into recession.

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I was right.

Edited: 07/01/2025 at 02:29 PM by Cole