Quotes
We got to these numbers because of Trump's policies,
Cardillo said
We're seeing that as the earnings come out,
Cardillo addedWe think it's irrational for people to sell off, particularly tech stocks as hard when we got the real big kahunas reporting,
said Jay Hatfield, portfolio manager at InfraCap in New YorkHowever, the first quarter GDP drop is down entirely to his administration’s misguided trade policies – which had been signalled on the campaign trail.”
He added
From our point of view the problems inside the GDP report are not just in a series of one-time distortions,
wrote RSM chief economist Joe Brusuelas in a note
Unease is the word of the day,
said Nela Richardson, ADP's chief economist, in the releaseGiven the large price shock in train and the likelihood of unemployment rising throughout the remainder of the year it creates real problems for both the White House and the Federal Reserve,
he addedWe won on the basis of a great border and getting criminals out of our country,
he told officials, pivoting quickly to address the latest economic figures
I have to start off by saying that's Biden, not Trump."
Responding to the downturn, Trump distanced himself from the current data, statingThere's never been a number like that."
Trump went on to boastWe came in and I was very against everything that Biden was doing in terms of the economy, destroying our country in so many ways."
He addedWe inherited a tremendously bad set of economic policies from Joe Biden,
Navarro said
This is Biden’s Stock Market, not Trump’s. I didn’t take over until January 20th,
Trump said Wednesday morning on Truth SocialTariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden 'Overhang.' This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE PATIENT!!!
Trump cautioned