GG Posted June 5, 2019 Author Share Posted June 5, 2019 41 minutes ago, Foxx said: https://twitter.com/RadGeekpartduex/status/1136046916251181056 Only proves that Dobbs is an idiot. How dare Senators sound off on a stupid tweet that will hurt their states' economies? 1 Link to comment Share on other sites More sharing options...
SoCal Deek Posted June 5, 2019 Share Posted June 5, 2019 Wouldn’t be better if Trump just arrogantly told the country that he has a pen and a phone. Oh wait...that was the last dictator! 1 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 5, 2019 Share Posted June 5, 2019 Unless the revisions are "unexpectedly" stupendous, this should make those cheering for a crashing economy happy. Private sector adds just 27,000 jobs in May, missing Wall Street’s expectations U.S. private sector hiring grew by just 27,000 jobs Opens a New Window. in May, according to the ADP National Employment report, fueling renewed concerns that the U.S. economy is slowing as investors worry about the impact of a lengthy U.S.-China trade war and new Mexico tariffs on the markets. Analysts polled by Refinitiv had expected an increase of 180,000 jobs. </snip> Link to comment Share on other sites More sharing options...
GG Posted June 5, 2019 Author Share Posted June 5, 2019 9 minutes ago, Buffalo_Gal said: Unless the revisions are "unexpectedly" stupendous, this should make those cheering for a crashing economy happy. Private sector adds just 27,000 jobs in May, missing Wall Street’s expectations U.S. private sector hiring grew by just 27,000 jobs Opens a New Window. in May, according to the ADP National Employment report, fueling renewed concerns that the U.S. economy is slowing as investors worry about the impact of a lengthy U.S.-China trade war and new Mexico tariffs on the markets. Analysts polled by Refinitiv had expected an increase of 180,000 jobs. </snip> There's nothing like self inflicted wounds. Link to comment Share on other sites More sharing options...
TakeYouToTasker Posted June 5, 2019 Share Posted June 5, 2019 3 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted June 5, 2019 Share Posted June 5, 2019 1 minute ago, TakeYouToTasker said: And I noticed the economy did well again today. 1 Link to comment Share on other sites More sharing options...
row_33 Posted June 5, 2019 Share Posted June 5, 2019 All these fancy folk with their charts and they are wrong every time snd they don’t even bother to reflect for one second why they are dead wrong every time Link to comment Share on other sites More sharing options...
DC Tom Posted June 5, 2019 Share Posted June 5, 2019 3 minutes ago, Chef Jim said: And I noticed the economy did well again today. Mine didn't. But it did pretty good yesterday, so it's a wash. Link to comment Share on other sites More sharing options...
Chef Jim Posted June 5, 2019 Share Posted June 5, 2019 4 minutes ago, DC Tom said: Mine didn't. But it did pretty good yesterday, so it's a wash. No worries Tom. The economy starts fresh every morning when the ring that bell. So tomorrow’s a new day. 1 Link to comment Share on other sites More sharing options...
Nanker Posted June 6, 2019 Share Posted June 6, 2019 11 hours ago, GG said: There's nothing like self inflicted wounds. Oh, yes there are. I get what you’re saying though. 1 hour ago, DC Tom said: Mine didn't. But it did pretty good yesterday, so it's a wash. You like to go short. Lots of moolah to be made there. Nothing wrong with that. However more than 90% of the nitwits here don’t have a clue what you’re talking about. Link to comment Share on other sites More sharing options...
DC Tom Posted June 6, 2019 Share Posted June 6, 2019 27 minutes ago, Nanker said: Oh, yes there are. I get what you’re saying though. You like to go short. Lots of moolah to be made there. Nothing wrong with that. However more than 90% of the nitwits here don’t have a clue what you’re talking about. I also like dead cat bounce options. 1 Link to comment Share on other sites More sharing options...
keepthefaith Posted June 6, 2019 Share Posted June 6, 2019 Don't know if this was posted in any thread. Very telling of our Senate both R & D that they won't consider a 1% spending cut given our debt. I give Rand Paul a lot of credit for getting our Senators on the record. The uni-party held a strong majority. Outrageous IMO. https://www.washingtonexaminer.com/news/senate-trashes-rand-pauls-plan-to-cut-federal-spending-by-1-percent Link to comment Share on other sites More sharing options...
Doc Brown Posted June 6, 2019 Share Posted June 6, 2019 22 hours ago, GG said: Only proves that Dobbs is an idiot. How dare Senators sound off on a stupid tweet that will hurt their states' economies? Trump sycophant. If GOP Congress really want to prove a point that it wasn't just lip service when they criticized Obama for executive overreach then overriding Trump's Mexico tariffs would be the perfect time to do it. 21 hours ago, Buffalo_Gal said: Unless the revisions are "unexpectedly" stupendous, this should make those cheering for a crashing economy happy. Private sector adds just 27,000 jobs in May, missing Wall Street’s expectations U.S. private sector hiring grew by just 27,000 jobs Opens a New Window. in May, according to the ADP National Employment report, fueling renewed concerns that the U.S. economy is slowing as investors worry about the impact of a lengthy U.S.-China trade war and new Mexico tariffs on the markets. Analysts polled by Refinitiv had expected an increase of 180,000 jobs. </snip> Still 104 consecutive months of job growth which is incredible. 8 hours ago, keepthefaith said: Don't know if this was posted in any thread. Very telling of our Senate both R & D that they won't consider a 1% spending cut given our debt. I give Rand Paul a lot of credit for getting our Senators on the record. The uni-party held a strong majority. Outrageous IMO. https://www.washingtonexaminer.com/news/senate-trashes-rand-pauls-plan-to-cut-federal-spending-by-1-percent You're not going to get Democratic Senators to go on record by voting to cut Medicare and Medicaid spending. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 6, 2019 Share Posted June 6, 2019 US weekly jobless claims are unchanged, pointing to labor market strength * The number of Americans filing applications for unemployment benefits was unchanged last week. * The data suggested the labor market remains on solid footing despite slowing economic activity. * Initial claims for state unemployment benefits were unchanged at 218,000 for the week ended June 1, the Labor Department said. </snip> 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted June 6, 2019 Share Posted June 6, 2019 Another good day in the economy. Yay Trump!! 1 Link to comment Share on other sites More sharing options...
Foxx Posted June 7, 2019 Share Posted June 7, 2019 https://twitter.com/NewsBreaking/status/1136876192039165952 Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 7, 2019 Share Posted June 7, 2019 On 6/5/2019 at 8:36 AM, Buffalo_Gal said: Unless the revisions are "unexpectedly" stupendous, this should make those cheering for a crashing economy happy. Private sector adds just 27,000 jobs in May, missing Wall Street’s expectations U.S. private sector hiring grew by just 27,000 jobs Opens a New Window. in May, according to the ADP National Employment report, fueling renewed concerns that the U.S. economy is slowing as investors worry about the impact of a lengthy U.S.-China trade war and new Mexico tariffs on the markets. Analysts polled by Refinitiv had expected an increase of 180,000 jobs. </snip> Ok, so last month was revised up 50K,, still below expectations. March and April revised down after being revised up after being released much lower than the actual numbers. What is going on? Jobs creation slows dramatically with payrolls up just 75,000 in May, much worse than expected * Nonfarm payrolls for May increased up by just 75,000, the Labor Department says. * Economists surveyed by Dow Jones expected a gain of 180,000. * March’s job count was revised lower from 189,000 to 153,000 and the April number was lowered to 224,000 from 263,000, for a total reduction of 75,000. * The unemployment rate remained at a 50-year low of 3.6%. </snip>Friday’s Bureau of Labor Services reading added to worries that employment growth is slowing. A report Wednesday from ADP and Moody’s Analytics raised fears even more as it said private payrolls increased by just 27,000. The BLS showed private payrolls up 90,000, while government jobs fell by 15,000. </snip> </snip> * Average hourly earnings year over year in May were up 3.1%, one-tenth of a point lower than expectations. As with most jobs reports, there were nuggets good and bad to take from the details. One example was the U6 rate - considered the broadest measure of unemployment - that dropped to 7.1 percent, the lowest point since December of 2000. </snip> 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted June 7, 2019 Share Posted June 7, 2019 Another great start to the economy today. ?? Yay Donald Trump!! Link to comment Share on other sites More sharing options...
Nanker Posted June 7, 2019 Share Posted June 7, 2019 1 hour ago, Buffalo_Gal said: Ok, so last month was revised up 50K,, still below expectations. March and April revised down after being revised up after being released much lower than the actual numbers. What is going on? Jobs creation slows dramatically with payrolls up just 75,000 in May, much worse than expected * Nonfarm payrolls for May increased up by just 75,000, the Labor Department says. * Economists surveyed by Dow Jones expected a gain of 180,000. * March’s job count was revised lower from 189,000 to 153,000 and the April number was lowered to 224,000 from 263,000, for a total reduction of 75,000. * The unemployment rate remained at a 50-year low of 3.6%. </snip>Friday’s Bureau of Labor Services reading added to worries that employment growth is slowing. A report Wednesday from ADP and Moody’s Analytics raised fears even more as it said private payrolls increased by just 27,000. The BLS showed private payrolls up 90,000, while government jobs fell by 15,000. </snip> </snip> * Average hourly earnings year over year in May were up 3.1%, one-tenth of a point lower than expectations. As with most jobs reports, there were nuggets good and bad to take from the details. One example was the U6 rate - considered the broadest measure of unemployment - that dropped to 7.1 percent, the lowest point since December of 2000. </snip> The job market is tightening. More skilled laborers are needed. Companies aren't going to hire Spanish-only speaking immigrants from Guatemala to fill a programming position. They would hire them to pull wire in the past. Now the world's gone wireless. Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted June 7, 2019 Share Posted June 7, 2019 4 minutes ago, Nanker said: The job market is tightening. More skilled laborers are needed. Companies aren't going to hire Spanish-only speaking immigrants from Guatemala to fill a programming position. They would hire them to pull wire in the past. Now the world's gone wireless. I said the same thing to my husband this morning - are we approaching peak employment for those that want to (are able) to work? I always heard it was 5%, and it seems to be 7.1% now, so ?♀️ I'm not a finance person, he is, and he didn't throw up all over that thought. 1 Link to comment Share on other sites More sharing options...
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