4.8 • 965 Ratings
🗓️ 17 May 2025
⏱️ 4 minutes
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Let's talk about a 2nd Quarter negative GDP and Trump....
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0:00.0 | Well, howdy there, Internet people, it's Bell again. |
0:04.0 | So today, we're going to talk about second quarter negative GDP. |
0:10.0 | I got a question that came in about the economic uncertainty, |
0:14.0 | and I'm going to go through the thinking people have, |
0:17.0 | and why you're already seeing the predictions. |
0:20.0 | Here we go. Ms. Bell, you said months in |
0:24.8 | advance that we'd have a stock market correction led by tech stocks. We did. You said we'd have |
0:31.6 | negative GDP in the first quarter before anybody else I watched. We did. Now I'm seeing a lot of financial YouTube people |
0:39.9 | say that we'll have a second quarter of negative GDP growth already. I'm not seeing it. |
0:46.7 | The stock market has recovered and most of the tariffs are gone. I'm just wondering if you're |
0:53.1 | not saying it because you don't think it can happen, |
0:56.6 | or if there's another reason. Can it happen? Absolutely. I actually mentioned it over on the |
1:04.6 | roads recently, but I'm not certain it will yet. Look, I've now done the thing the channel is known for. |
1:12.8 | Here's this completely out of left field statement that goes against consensus that is shown to be |
1:18.7 | true. I'd like to keep that going, and it just seems a little early to say that's going to happen for |
1:25.5 | sure. But I can take you through the thought process. |
1:30.2 | The tariffs aren't gone. They're on pause for 90 days. Now, logically, they should be gone. |
1:36.7 | But businesses can't count on that. Right now, every business with any sense is calling their |
1:43.6 | Chinese suppliers and bringing in everything |
1:46.4 | they can everything they have room to store they're making orders for Christmas all of that |
1:53.7 | stuff will be ordered now but won't be sold until later so those imports will ding the GDP |
2:00.3 | there's also all of Trump's cuts. As we talked |
... |
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