Buffalo_Gal Posted June 3, 2020 Posted June 3, 2020 Bad, but not as bad as expected. Maybe because some reopening had started? Private payrolls decline by 2.76 million in May, ADP says, a much smaller drop than feared * Private payrolls fell by 2.76 million in May, according to a report Wednesday from ADP. * The total comes on top of a plunge of 19.6 million in April, the worst in the survey’s history. * Economists had been looking for a decline of 8.75 million. The reason for the wide disparity was not immediately clear. </snip> 2
B-Man Posted June 3, 2020 Posted June 3, 2020 U.S. stock futures rose in early trading on Wednesday as markets continued to rally on optimism over economies emerging from coronavirus-led shutdowns. The S&P 500 is up 1% so far in June, bringing its gain from its pandemic low in March to more than 40%. (Excerpt) Read more at apple.news ... 1
Deranged Rhino Posted June 3, 2020 Posted June 3, 2020 1 hour ago, B-Man said: U.S. stock futures rose in early trading on Wednesday as markets continued to rally on optimism over economies emerging from coronavirus-led shutdowns. The S&P 500 is up 1% so far in June, bringing its gain from its pandemic low in March to more than 40%. (Excerpt) Read more at apple.news ... Unemployment numbers were better than expected (by 4 million). Stocks jumping. Perhaps it will be a swoosh recovery... 1
Trump_is_Mentally_fit Posted June 3, 2020 Posted June 3, 2020 1 minute ago, Deranged Rhino said: Unemployment numbers were better than expected (by 4 million). Stocks jumping. Perhaps it will be a swoosh recovery... If the states have to lay off cops, teachers, firefighters and others, there won’t be any quick recovery
IYKYK Posted June 3, 2020 Posted June 3, 2020 3 minutes ago, Tiberius said: If the states have to lay off cops, teachers, firefighters and others, there won’t be any quick recovery Is that what you're hoping for? 1
Trump_is_Mentally_fit Posted June 3, 2020 Posted June 3, 2020 1 minute ago, westside2 said: Is that what you're hoping for? No, I support Nancy Pelosi bill to fund state and local governments through this recession
Koko78 Posted June 3, 2020 Posted June 3, 2020 2 hours ago, Tiberius said: If the states have to lay off cops, teachers, firefighters and others, there won’t be any quick recovery I dare the blue states to try that. 2
Trump_is_Mentally_fit Posted June 3, 2020 Posted June 3, 2020 Just now, Koko78 said: I dare the blue states to try that. All the states might have no choice, recessions mean less tax revenue. Believe me, it's already happening.
Reality Check Posted June 3, 2020 Posted June 3, 2020 4 minutes ago, Koko78 said: I dare the blue states to try that. They can't afford the pensions anyway. I say fire them all. Then they can fire themselves.
Koko78 Posted June 3, 2020 Posted June 3, 2020 6 minutes ago, Tiberius said: All the states might have no choice, recessions mean less tax revenue. Believe me, it's already happening. Let's see how long Newsom lasts if he fires cops, firefighters, and EMTs. I got my popcorn all set for the show.
Reality Check Posted June 4, 2020 Posted June 4, 2020 19 hours ago, Tiberius said: No, I support Nancy Pelosi bill to fund state and local governments through this recession I agree. By getting everyone to destroy their own businesses and putting more people on welfare, government bailouts, we can get them to feel the same pain as the inner cities. Then we have them right where we want them. If people want money and food, they will have to compete politically or they will starve. The plan is going well comrade. We will win. Once we get them desperate enough, we can get them to trade their guns for food.
Buffalo_Gal Posted June 5, 2020 Posted June 5, 2020 13.3% vs the expected 20% is a huge difference. Jobs GAIN of 2.5M versus any loss!Jobs report 2 2
Chef Jim Posted June 5, 2020 Posted June 5, 2020 When the 1.9 million number came out this week my first response is how many have gone back to work? Looks like a lot! The #orangemanbad crowd “you’re cheering 13% unemployment!!!!!!!!” In 3.....2....1..... 1
B-Man Posted June 5, 2020 Posted June 5, 2020 Alternate Headline: Democrats Hardest Hit May sees biggest jobs increase ever of 2.5 million as economy starts to recover from coronavirus CNBC, by Jeff Cox Original Article 2
B-Man Posted June 5, 2020 Posted June 5, 2020 May jobs numbers prove Dems and media grossly underestimate how strong Americans and the economy really ARE 2 2
Trump_is_Mentally_fit Posted June 5, 2020 Posted June 5, 2020 4 minutes ago, B-Man said: May jobs numbers prove Dems and media grossly underestimate how strong Americans and the economy really ARE You should be thanking them, the stimulus package forced on the GOP has helped stem the tide of bad economic news.
B-Man Posted June 5, 2020 Posted June 5, 2020 11 minutes ago, Tiberius said: You should be thanking them, the stimulus package forced on the GOP has helped stem the tide of bad economic news. 3
Buffalo_Gal Posted June 5, 2020 Posted June 5, 2020 Larry Kudlow at presser pointing out that there have been indicators that people were returning to work, and that some numbers (6 shooters?) gave hints this would happen. May 12th, 50% of small businesses had reopened. Now, about 79% have reopened. He expects better numbers as they continue to reopen. 1 1
Albwan Posted June 5, 2020 Posted June 5, 2020 Just now, Buffalo_Gal said: Larry Kudlow at presser pointing out that there have been indicators that people were returning to work, and that some numbers (6 shooters?) gave hints this would happen. May 12th, 50% of small businesses had reopened. Now, about 79% have reopened. He expects better numbers as they continue to reopen. Sad that this gives me anxiety...what will the democrats do to retaliate 4 1
Recommended Posts