Total QT 2022 = $522.5B
The nonpartisan Congressional Budget Office estimated that real gross domestic product, or GDP, will grow 3.1% in 2022, driven by consumer spending and demand for services, according to the report released Wednesday 5/25/22. It revised its estimates for GDP growth in 2023 and 2024 upward to 2.2% and 1.5%, respectively, but still below this year’s pace. Here’s what the CBO sees for the U.S. economy at the end of each year:
Real GDP: 3.1% in 2022, 2.2% in 2023, and 1.5% in 2024.
Inflation (measured by CPI ): 4.7% in 2022, 2.7% in 2023 and 2.3% in 2024.
Unemployment rate: 3.7% in 2022, 3.6% in 2023 and 3.8% in 2024.
Federal funds rate: 1.9% in 2022, and 2.6% in 2023.
Disposable personal income increased $216.6 billion, or 4.8 percent, in the first quarter 2022, compared with an increase of $20.1 billion, or 0.4 percent, in the fourth quarter. Real disposable personal income decreased 2.0 percent, compared with a decrease of 5.6 percent. Personal saving was $1.21 trillion in the first quarter 2022, compared with $1.39 trillion in the fourth quarter. The personal saving rate—personal saving as a percentage of disposable personal income—was 6.6 percent in the first quarter, compared with 7.7 percent in the fourth quarter.
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends…
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Trend, patterns, momentum
Newsworthy current events
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst’s motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Checkout my indicators:
Fibonacci MA7 – price
pi RSI – trend momentum
TTC – trend channel
AlertiT – notification
tickerTracker – MFI Oscillator
Checkout latest world news below links :
World News || Latest News || U.S. News
The post What’s up QT? for AMEX:VTI by growerik appeared first on WorldNewsEra.