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Why Trump’s “Strong Economy” Narrative Is Falling Apart
Published 9 months, 1 week ago
Description
LISTEN and SUBSCRIBE on:
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
In this episode of Watchdog on Wall Street, we dig into the data behind the headlines and explain why headline GDP growth is masking a growing economic problem.
We break down:
• Why a 4%+ GDP print doesn’t mean the economy is healthy
• The ISM data showing only 11% of U.S. industries are expanding
• Why manufacturing is already in recession territory
• How this compares to Great Recession–era readings
• What companies are actually blaming for the slowdown
• Why tariffs are showing up repeatedly in corporate commentary
• The surge in small business bankruptcies nobody wants to discuss
• How wages are really performing after inflation (spoiler: under 1%)
• Why confusing GDP with wages is either ignorance or deception
We also call out the dangerous nonsense being said on television — including claims made on Fox News that GDP growth somehow means every American got a raise.
Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608
Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i
WATCH and SUBSCRIBE on:
https://www.youtube.com/@WatchdogOnWallstreet/featured
In this episode of Watchdog on Wall Street, we dig into the data behind the headlines and explain why headline GDP growth is masking a growing economic problem.
We break down:
• Why a 4%+ GDP print doesn’t mean the economy is healthy
• The ISM data showing only 11% of U.S. industries are expanding
• Why manufacturing is already in recession territory
• How this compares to Great Recession–era readings
• What companies are actually blaming for the slowdown
• Why tariffs are showing up repeatedly in corporate commentary
• The surge in small business bankruptcies nobody wants to discuss
• How wages are really performing after inflation (spoiler: under 1%)
• Why confusing GDP with wages is either ignorance or deception
We also call out the dangerous nonsense being said on television — including claims made on Fox News that GDP growth somehow means every American got a raise.