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Markets Gap Up - GDP Slows Down

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wallstwarrior.com

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editor@wallstwarrior.com

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Thu, Mar 30, 2023 08:16 PM

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Wall Street Warrior Presents ⮕ ⮕ ⮕

Wall Street Warrior Presents ⮕ ⮕ ⮕                                                                                                                                                                      Advertisement | [Unsubscribe](   We’re Slowing Down Markets jumped higher today after key economic data showed slower growth over the last quarter. The U.S. GDP grew 2.6% in the fourth quarter. Analysts estimated a 2.9% growth before revising it to 2.7%. [Here are the details.]( Initially, that may seem like a bearish catalyst. But a slower economy is good for a country trying to battle inflation. The FED’s interest-rate hikes are trying to slow the economy enough to bring inflation under control. Ideally without causing a recession. In addition to the GDP data, jobless claims are higher than expected. [Read more here.]( That adds to the picture of a slower economy. As a result, indices like the S&P 500 ETF Trust (NYSE: SPY) gapped up today … The last few days have been a choppy climb higher, but a climb nonetheless. Hopefully, that momentum can continue.   More outrageous than Elon buying Twitter? You won’t believe [the story I just stumbled onto.]( If you think Elon taking over Twitter would be big news… This is gonna blow you away! [Check it out here.]( Best, Tim Bohen   EV Push By 2035, all new cars sold in the EU will be zero-emission. And there’s a plan to achieve their goal … [Here are the details.]( The agreement does leave room for cars that run on e-fuels (fuel created from captured CO2 emissions). The change was made due to a stubborn Germany. And now the world turns to the U.S. for a parallel pledge. But at the moment, the federal government is especially concerned about self-reliance and domestic business. Senator Joe Manchin is prepared to sue the Biden administration for an alleged laissez-faire tax credit. Specifically when it comes to defining the vocabulary of ‘processed’ materials. Here’s what he had to say … “Does it mean basically the processing of the raw product into a form that we can take and put in manufacturing, or is it basically the making the powders and the wafers and everything that we need... and calling that processing? You do that, and we don't meet our objective of being self-reliant... I'm willing to go to court, I'm willing to stop it all. Because that's not the intent.” - Joe Manchin The Senator wants to see more self-reliance. And he wants legislation that mandates it. [Here are the details.]( As this sector continues to grow, the value it holds for individual countries grows with it. That’s why we see issues like this in the media. Our goal is to follow the money and pay attention to the best setups. Looking for more Daily Stock News? Click the link below to claim daily Dollar Stock Reports: [Send Me Daily Dollar Stock Reports](     Guardian Financial Publishing 3571 Far West Blvd Austin, TX 78731 United States This email was sent to {EMAIL}. Don't want to receive these emails anymore? [Unsubscribe]( [Privacy Policy]( | [Terms]( | [Risk Disclosure](

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