Meta's Fake Recession Revelation: The Truth Behind the Numbers! | The Daily Peel ๐
Wall Street Oasis
Wall Street Oasis
4.9 โข 534 Ratings
๐๏ธ 27 September 2024
โฑ๏ธ 28 minutes
๐๏ธ Recording | iTunes | RSS
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| 0:00.0 | Well, if you look at Q2 of 2022, you might notice a slight change. |
| 0:05.3 | And what does that change? |
| 0:06.2 | Well, in the first estimate that you see, that's that upper portion of this image, |
| 0:10.3 | you can see the Q2 2022 was a decline. |
| 0:13.6 | It was a very slight decline, probably less than 1% at that point. |
| 0:17.2 | But that has been updated to an actual growth figure. |
| 0:29.6 | Okay. but that has been updated to an actual growth figure What's up, Apes? Welcome back to another edition of the Daily Peel's Daily podcast of the day. Thank you all for joining us here once again on the world's most |
| 0:32.9 | powerful and influential podcast. We're very glad to have you here. Fuck Joe Rogan, |
| 0:36.7 | he has no idea what's coming |
| 0:38.3 | for him. It is currently 7.46 p.m. on this beautiful Thursday, September 26th, 2004. So, of course, |
| 0:47.0 | we appreciate you guys joining us here. It's been a relatively quiet week for markets, |
| 0:50.6 | but it certainly is not going to be anymore with the economic announcements that we have coming up tomorrow. We're going to be diving deep into the PCE report that's on its way at 8.30am Eastern time tomorrow, so expect that on Monday. But today we got a lot to focus on here. We're going to be discussing a lot of new announcements that just came out of meta. Most of them are focused on how you can maintain your virginity for absolutely as long as possible. |
| 1:13.3 | We also just got a huge update to GDP. |
| 1:16.8 | Now, not for the most recent quarter, but for several quarters ago. |
| 1:20.9 | We actually got an update to all of our GDP growth figures over the past five years. |
| 1:29.2 | So we're going to be diving deep into that and why the August durable goods report is kind of spelling a bad outcome going into the holiday season, |
| 1:33.9 | getting into Q4 here, holiday season, Jesus Christ, it's not even Halloween yet. But realistically, |
| 1:39.2 | Halloween is probably my second favorite holiday besides the 4th of July, obviously. But let's go ahead and get into what you guys actually wanted to talk about here today. So the WSO Alpha |
| 1:43.8 | portfolio. Now now it did happen |
| 1:45.4 | to fire a bunch of apes yesterday obviously because they ended up performed markets here so let's go |
| 1:50.2 | ahead and find out if anybody else is getting fired tomorrow absolutely everybody is getting fired again |
| 1:54.4 | so the ws off portfolio is up about 14 basis points on the session pretty handsome return you know |
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