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Weaker then expected job report and unemployment up


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This has to happen if you want inflation under control and interest rate cuts, hence the stock market up and giddy at potential future fed rate cuts this morning. 

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29 minutes ago, akvanden said:

This has to happen if you want inflation under control and interest rate cuts, hence the stock market up and giddy at potential future fed rate cuts this morning. 

Stop making sense to Trumps uneducated.

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35 minutes ago, akvanden said:

This has to happen if you want inflation under control and interest rate cuts, hence the stock market up and giddy at potential future fed rate cuts this morning. 

Powell said as such when they began increasing interest rates.  

Buckle up, America: The Fed plans to sharply boost unemployment. 

From 2022

https://www.cbsnews.com/news/fed-interest-rate-hikes-unemployment-increase-layoffs-inflation/

some here have the memory of a sand flea

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1 hour ago, BOHICA said:

Cracks are starting to show in the Biden economy.

 

The unemployment numbers have remained low because of a shrinking workforce and not due to a booming economy. Boomer retirement has been coming in waves. It’ll also ebb and flow due to some boomers returning to work out of necessity (inflation) or out of boredom. 

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  • Platinum Contributing Member

Soooo, bad job / unemployment numbers report are also good under the Biden Admin. Huh....who knew  :lol: 

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Just now, Skidooski said:

Soooo, bad job / unemployment numbers report are also good under the Biden Admin. Huh....who knew  :lol: 

what would they be under a Trump admin...  Good or Bad?

:news:

oh that's right, no inflation would have occurred under Trump... never mind.  9_9

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4 minutes ago, Skidooski said:

Soooo, bad job / unemployment numbers report are also good under the Biden Admin. Huh....who knew  :lol: 

It has very little to do with the Biden admin, rather the federal reserve trying to tame down inflation. The soaring market today also has very like to do with the Biden admin. 

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  • Platinum Contributing Member

Job reports good...Nice job Joe!!!

Jobs reports not good......anything but Joe!!!

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58 minutes ago, Crnr2Crnr said:

markets up

DJT down

:lmao:

Down a whopping .39...:roflcrying:... And may end up finishing in the green

And yet it's been up on the market down days big time....:lmao:.... you're such  a 🤡 

Screenshot_20240503_144907_Chrome.jpg

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1 hour ago, Skidooski said:

God damn it looks like Obama is almost ready for the home too! 

Nothing some hair dye and face paint can’t fix. 

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7 minutes ago, SSFB said:

Nothing some hair dye and face paint can’t fix. 

Being president really sucks the life out of a person…... Unless you’re Biden

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2 minutes ago, Skidooski said:

Being president really sucks the life out of a person…... Unless you’re Biden

The cloning process has come a long way………

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