Tommy Callahan Posted April 7, 2023 Share Posted April 7, 2023 Just now, B-Man said: Job Market Cooled in March as the Federal Reserve's Fight Against Inflation Continues https://redstate.com/joesquire/2023/04/07/job-market-cooled-in-march-as-the-federal-reserves-fight-against-inflation-continues-n727887 https://www.wsj.com/articles/march-jobs-report-unemployment-rate-economy-growth-2023-3338931f?mod=hp_lead_pos1&mod=hp_lead_pos5 . Much of the fortune 500 are in belt tightening mode to keep the shareholders returns on par with the prior earnings estimates (NPAT and dividends) just starting to see the mass layoffs. from hiring and spending freezes to hard cuts for 2023. listen to the first quarter results. one after the other these CEO's/CFO's are saying we are in depressionary trends and have been. 2 Link to comment Share on other sites More sharing options...
BillStime Posted April 7, 2023 Share Posted April 7, 2023 49 minutes ago, T master said: Total BS that the only thing you know to spew it's awfully funny in 2019 every where you looked there was work & not many with out work I don't know where you were looking but any where i went and i travel all over the US with my job work was booming most every place i went to . Of course like you i had others in the same industry as i am in that would actually drive by huge construction complex like a shopping center or a apartment complex & he would again like you look me straight in my face & say the economy sucked under the previous administration & i would tell him just look around . But he has the same degenerative vision problem as you can't see things right in front of your face just amazes me . Biden & you need to look at his buddies in China for giving him the job market that he inherited it wasn't that way before covid came to be . You laugh but i know a few people in VP positions in large companies that have told me prior to covid their businesses were stronger than they had been in many years . Huh? What's not true? All the rest of your BS is... BS. Trump will have the worst jobs record in modern U.S. history. It’s not just the pandemic. Link to comment Share on other sites More sharing options...
T master Posted April 7, 2023 Share Posted April 7, 2023 11 minutes ago, BillStime said: Huh? What's not true? All the rest of your BS is... BS. Trump will have the worst jobs record in modern U.S. history. It’s not just the pandemic. The Washington Compost & other liberal rags can print anything they want those like you to believe but then there are those that lived each day seeing how good their businesses did in that time . I listen to those actually in positions of seeing their inventories along with their sales too consumers go up & have heard from those in places of business leadership that were direct to the consumer & have been business leaders for over 25 years say their business & the opportunities of selling their products along with those that installed products sold went up during that time . Then i listened & saw those like you during that time that would look at major retail & commercial developments of businesses being built & say the exact opposite as you are doing still today due to your blind devotion to your cause . So I rather than take the opinion of a fool that has not only a agenda but is biased filled i will take the opinions of those in business with their hands on experience in the business world before i will of those such as the Washington Compost & you the Bills football fan that has never posted 1 reply as such & is only here to spread your bias filled narrative . 1 2 Link to comment Share on other sites More sharing options...
B-Man Posted April 7, 2023 Share Posted April 7, 2023 They released Biden’s March Jobs Report today … Good Friday. A holiday. As anyone who doesn’t have their head completely buried in the sand would have guessed, jobs are down, except for in the public sector. Oh goodie, more people working for the government. And of course, things are even worse than they’re actually reporting in the media. Take a look at this: https://twitchy.com/samj-3930/2023/04/07/bidens-march-jobsreport-is-much-much-worse-than-theyre-telling-us-and-heres-why-screenshot/ 1 1 Link to comment Share on other sites More sharing options...
B-Man Posted April 10, 2023 Share Posted April 10, 2023 U.S. Bank Lending Sees Biggest Drop Since 1973, Surpassing 2008 Financial Crisis American banks experienced a historic contraction in the final two weeks of March, greater than even during the 2008 financial crisis, in the clearest indication yet that credit conditions are tightening as a result of deteriorating economic conditions. According to Federal Reserve data dating back to 1973, commercial bank lending saw a drop of nearly $105 billion in the two weeks ending March 29th. The final week saw a decrease of over $45 billion, which can be attributed primarily to a decline in small banks’ loan offerings. This reduction in lending has particularly impacted real estate, commercial, and industrial loans. The most recent report published on Friday indicated that commercial bank deposits also experienced a decline of $64.7 billion in the past week, marking the tenth consecutive decrease primarily driven by a drop in large firms’ deposits. https://redstate.com/benkew/2023/04/09/u-s-bank-lending-collapses-by-most-since-1973-surpassing-2008-financial-crisis-n728877 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted April 10, 2023 Share Posted April 10, 2023 1 minute ago, B-Man said: U.S. Bank Lending Sees Biggest Drop Since 1973, Surpassing 2008 Financial Crisis American banks experienced a historic contraction in the final two weeks of March, greater than even during the 2008 financial crisis, in the clearest indication yet that credit conditions are tightening as a result of deteriorating economic conditions. According to Federal Reserve data dating back to 1973, commercial bank lending saw a drop of nearly $105 billion in the two weeks ending March 29th. The final week saw a decrease of over $45 billion, which can be attributed primarily to a decline in small banks’ loan offerings. This reduction in lending has particularly impacted real estate, commercial, and industrial loans. The most recent report published on Friday indicated that commercial bank deposits also experienced a decline of $64.7 billion in the past week, marking the tenth consecutive decrease primarily driven by a drop in large firms’ deposits. https://redstate.com/benkew/2023/04/09/u-s-bank-lending-collapses-by-most-since-1973-surpassing-2008-financial-crisis-n728877 No CFO worth a salt would suggest barrowing at these rates. maybe people are smartening up. I got one of those pre approval cards in the mail last week. I just have to check, was pushing an APR of 34.99% thats effing nuts and anyone that's in charge of the household bills is looking hard at where to cut. 1 Link to comment Share on other sites More sharing options...
JDHillFan Posted April 11, 2023 Share Posted April 11, 2023 70% of Americans are ingrates that don’t appreciate all that Biden, a good American president and decent man who by all accounts speaks more eloquently now than he did when he was younger and who was victimized by repeated classified document spillage, has done for us. Sad. 2 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted April 11, 2023 Share Posted April 11, 2023 1 hour ago, JDHillFan said: 70% of Americans are ingrates that don’t appreciate all that Biden, a good American president and decent man who by all accounts speaks more eloquently now than he did when he was younger and who was victimized by repeated classified document spillage, has done for us. Sad. We need to stop being greedy and learn to live with less. Link to comment Share on other sites More sharing options...
Doc Posted April 11, 2023 Share Posted April 11, 2023 And yet many of them are just happy that woke policies are being implemented under Joke. 1 Link to comment Share on other sites More sharing options...
T master Posted April 12, 2023 Share Posted April 12, 2023 (edited) 20 hours ago, JDHillFan said: 70% of Americans are ingrates that don’t appreciate all that Biden, a good American president and decent man who by all accounts speaks more eloquently now than he did when he was younger and who was victimized by repeated classified document spillage, has done for us. Sad. Yah here's some info on how good Joke Biden is doing for those %70 percent of American's that don't believe in him . https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/ On 4/7/2023 at 10:38 AM, BillStime said: Huh? What's not true? All the rest of your BS is... BS. Trump will have the worst jobs record in modern U.S. history. It’s not just the pandemic. https://mondo.com/insights/mass-layoffs-in-2022-whats-next-for-employees/ That's your boys doing has nothing to do with Trump so what say you ?? Insert flailing Trump picture here DS . Edited April 12, 2023 by T master 2 Link to comment Share on other sites More sharing options...
B-Man Posted April 12, 2023 Share Posted April 12, 2023 1 Link to comment Share on other sites More sharing options...
aristocrat Posted April 12, 2023 Share Posted April 12, 2023 1 2 Link to comment Share on other sites More sharing options...
B-Man Posted April 19, 2023 Share Posted April 19, 2023 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted April 19, 2023 Share Posted April 19, 2023 6 minutes ago, B-Man said: Does that mean the folks that get the vehicles from their "buy here, pay here" lots don't have to pay anything? Kidding. from Capital one, to Ally now. Thats not good news for the automotive industry thats already a massive bubble. 1 Link to comment Share on other sites More sharing options...
B-Man Posted April 21, 2023 Share Posted April 21, 2023 THE BOTTOM LINE. How Americans have taken a pay cut every month since Biden took office. “For the typical family with two parents working, their combined weekly paychecks are up about $200, but that money has lost so much purchasing power from inflation that it’s as if their weekly pay has shrunk by more than $100.” https://nypost.com/2023/04/19/americans-have-taken-pay-cuts-each-month-since-biden-took-office/ THAT MEANS BIDENOMICS IS WORKING: 1 1 Link to comment Share on other sites More sharing options...
B-Man Posted April 25, 2023 Share Posted April 25, 2023 Just when you thought it was safe to come out from under the bed. . 1 Link to comment Share on other sites More sharing options...
Tiberius Posted April 27, 2023 Share Posted April 27, 2023 The U.S. economy wobbled in the first months of 2023, growing at an annual rate of 1.1 percent, as higher interest rates and a banking crisis dragged down activity across sectors. The latest figures, released Thursday by the Bureau of Economic Analysis, mark a sharp slowdown at a time when Wall Street is already bracing for recession, in part because of fears that the banking sector’s troubles will curtail lending. By comparison, the U.S. economy grew by 2.6 percent in the last three months of 2022. https://www.washingtonpost.com/business/2023/04/27/gdp-2023-q1-economy/ Link to comment Share on other sites More sharing options...
B-Man Posted April 27, 2023 Share Posted April 27, 2023 Latest GDP Numbers Show US Economic Growth Slowing in First Quarter 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted April 27, 2023 Share Posted April 27, 2023 1 minute ago, B-Man said: Latest GDP Numbers Show US Economic Growth Slowing in First Quarter Its crazy how the media is just ignoring the layoffs going across most sectors. the actual headwinds these companies are facing. Eff, they tell us our eyes are lying when we buy the basics. Link to comment Share on other sites More sharing options...
B-Man Posted April 29, 2023 Share Posted April 29, 2023 2 Link to comment Share on other sites More sharing options...
Recommended Posts