JEFF Posted March 9, 2018 Share Posted March 9, 2018 And from the communist news network no less.. Imagine that, prior months good numbers were actually revised higher! Jobs report surprise: 313,000 added in February by Patrick Gillespie @CNNMoneyMarch 9, 2018: 8:50 AM ET Why is Wall Street worried about Gary Cohn's exit? American businesses are on a hiring spree. The US economy added 313,000 jobs in February. That was much stronger than economists expected and the biggest gain since July 2016, according to Labor Department figures published Friday. The unemployment rate stayed at 4.1%, the lowest in 17 years. Wages grew 2.6% compared with a year earlier, a few notches below the pace in January. That delighted investors: The Dow was set to open up more than 150 points. More modest wage growth cools fears about inflation and rising US interest rates, both of which spooked the markets last month. In the first two months of the year, the United States has already added more than half a million jobs. Job gains for December and January were both revised higher. Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted March 9, 2018 Share Posted March 9, 2018 The Fed is litterally pulling out all the stops to slow this sucker down. If they would have continued Obama era policy of leaving rates in the dump for this whole Trump period, the economy would be unreal right now. Even with them raising rates, it isn’t stopping job growth and gdp. Quote Link to comment Share on other sites More sharing options...
JEFF Posted March 9, 2018 Author Share Posted March 9, 2018 18 minutes ago, xtralettucetomatoe580 said: The Fed is litterally pulling out all the stops to slow this sucker down. If they would have continued Obama era policy of leaving rates in the dump for this whole Trump period, the economy would be unreal right now. Even with them raising rates, it isn’t stopping job growth and gdp. That is true. But rates have to go up. There needs to be some incentive for people to save money. 0.04% doesn't cut it. If the economy has this kind of momentum with rate hikes.... Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 9, 2018 Share Posted March 9, 2018 23 minutes ago, xtralettucetomatoe580 said: The Fed is litterally pulling out all the stops to slow this sucker down. If they would have continued Obama era policy of leaving rates in the dump for this whole Trump period, the economy would be unreal right now. Even with them raising rates, it isn’t stopping job growth and gdp. Could you imagine if we just left the QE tap on and left rates at 0 .....I mean fuck it. We are never paying it back anyways. Lets fucking party !!!!!!!111111 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member SnowRider Posted March 9, 2018 Platinum Contributing Member Share Posted March 9, 2018 Clown Posse repeat.... Quote Link to comment Share on other sites More sharing options...
Zambroski Posted March 9, 2018 Share Posted March 9, 2018 Poor Tool Kit. If he was smart enough, the end could be near. But you can't convince stupid animals to commit suicide. Damn it. 1 Quote Link to comment Share on other sites More sharing options...
Rod Posted March 9, 2018 Share Posted March 9, 2018 But this doesn’t consider IcePeoples hypothetical job losses. Fail Quote Link to comment Share on other sites More sharing options...
xtralettucetomatoe580 Posted March 9, 2018 Share Posted March 9, 2018 44 minutes ago, f7ben said: Could you imagine if we just left the QE tap on and left rates at 0 .....I mean fuck it. We are never paying it back anyways. Lets fucking party !!!!!!!111111 Right? Obama’s economy struggled to match what we are doing now with 0% rates. It’s unreal how few people understand the quality of this economy right now even with the Fed throwing a drag, slamming the breaks, and manipulating. 47 minutes ago, JEFF said: That is true. But rates have to go up. There needs to be some incentive for people to save money. 0.04% doesn't cut it. If the economy has this kind of momentum with rate hikes.... I agree. Rates need to go up at the least as a protection measure to recession. Can’t drop rates to boost the economy in a downturn if they are at Obama’s era levels. Quote Link to comment Share on other sites More sharing options...
f7ben Posted March 9, 2018 Share Posted March 9, 2018 4 minutes ago, xtralettucetomatoe580 said: Right? Obama’s economy struggled to match what we are doing now with 0% rates. It’s unreal how few people understand the quality of this economy right now even with the Fed throwing a drag, slamming the breaks, and manipulating. I agree. Rates need to go up at the least as a protection measure to recession. Can’t drop rates to boost the economy in a downturn if they are at Obama’s era levels. Gotta put some bullets back in the gun sometime......I just hope that we continue to see record low mortgage rates for another couple years Quote Link to comment Share on other sites More sharing options...
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