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Who will you say the N word to at the water cooler?
hit the snooze bar, DarrinS, we already knew it was all about you all along
Who will you say the N word to at the water cooler?
stagflationary bind
not fiscal, but tariff-driven
It's time to go back to Reagan administration era of free trade for all. End all tariffs to 0%.
Ronald Reagan: " The way to prosperity for all nations is rejecting protectionist legislation and promoting fair and free compe ion. "
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yeah, MAGAs don't really believe in that anymore
But Reagan coined the term "MAGA".
Democrats dont believe in the middle....its why they are losing independents in droves.....
labor market remains soft
https://www.dollarsandsense.org/wher...new-jobs-gone/Each monthly jobs report from the Bureau of Labor Statistics (BLS), along with their annual revisions, reveals that even more jobs have disappeared from what the BLS had previously reported. The BLS revision of the employment numbers from March 2024 to March 2025 wiped 911,000 jobs from their jobs count. That cut reduced average estimated monthly job creation by more than half, from 147,000 to 71,000 jobs a month. After Trump’s Liberation Day announcement of his ever-changing, draconian tariff regime in April of this year, things got worse. From May through August, the economy added an average of just 27,000 jobs per month. The Wall Street Journal editors called it “The Trump Summer Jobs Stall.” On top of that, a quarter (25.9%) of the officially unemployed (those who want a job and had looked for a job in the last four weeks), have gone more than half a year (27 weeks) without a job, the highest figure since February 2022 when the economy was still recovering from the Covid pandemic downturn.
With the current government shutdown, the BLS report on the September employment situation was not available. Economists have now turned to private sources for employment data, such as ADP, the giant payroll-processing company. The ADP Employment Report (which covered more than half a million private companies with more than 26 million employees) estimated that the U.S. economy lost 32,000 private-sector jobs in September. That was the largest drop in private employment reported by ADP since March 2023. The outplacement firm Challenger, Gray & Christmas reported that through August, U.S. companies had already announced more job cuts than they had in all of 2024, and more than any year since 2020.
K-shaped
AI and everything else
adjusted this time for the January surge in gold
the bigger realGDP figure is apparently a related statistical anomaly
"....Trump administration tariffs imposed this year on dozens of nations and a range of industries are fueling inflation, especially for goods that are widely imported into the U.S., a recent analysis shows.
Product categories seeing some of the biggest price hikes due to tariffs include furniture, car parts, electronics and musical instruments, according to economists at the Federal Reserve Bank of St. Louis. The findings are based on research models estimating tariff-related price hikes and drawing on Personal Consumption Expenditures (PCE) data, a widely used gauge of inflation.
Importers bear the cost of tariffs, typically passing at least some of the added expenses to consumers, economic research shows...."
https://www.cbsnews.com/news/inflati...ces-consumers/
How are you coming out better in 2025 than you were in 2023? In detail please.
How are you struggling in this great economy? In detail please.
Lol snakes daily troll with "great economy".
I'm doing okay but so many Americans aren't. It's really the simplest of Google searches to see our fellow citizens suffering and getting ready to suffer even more in 2026.
Why do you get off on their suffering? You Trumpers are re ed freaks.
lol Snake Boy asking for details
uh...he's literally addressing why he imposed tariffs in that video
Free and Fair trade
Why is your Trump TACOing on his tariffs now?
The economy is dumping rapidly and he knows the GOP will lose house and governor seats in a landslide in the midterms if he doesn't get it right and fast.
Imposing tariffs for "national security" is stupid and re ed. Having the strongest economy is the way to national security, not temper tantric tariffs.
Sometimes you actually make sense, M_M
https://www.cnbc.com/2025/11/21/amaz...ings-show.htmlAmazon cut more than 1,800 engineers in record layoffs, despite saying it needs to innovate faster
Amazon’s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more than others: engineers.
Do ents filed in New York, California, New Jersey and Amazon’s home state of Washington showed that nearly 40% of the more than 4,700 job cuts in those states were engineering roles. The data was reported by Amazon in Worker Adjustment and Retraining Notification, or WARN, filings to state agencies.
The figures represent a segment of the total layoffs announced in October. Not all data was immediately available because of differences in state WARN reporting requirements.
In announcing the steepest round of cuts in its 31-year history, Amazon joined a growing roster of tech companies that have slashed jobs this year even as cash piles have mounted and profits soared. In total, there have been almost 113,000 job cuts at 231 tech companies, according to Layoffs.fyi, continuing a trend that began in 2022 as businesses readjusted to life after the Covid pandemic.
...
"...Average pay is increasing to more than $23 per hour, and average total compensation is increasing to more than $30 an hour when you include the value of our industry-leading benefits package....."
https://www.aboutamazon.com/news/wor...tion-employees
But Amazon and team Trump will brag about this part and declare American life is great.
https://newrepublic.com/post/203619/...conomic-reportTrump Cancels Release of Crucial Economic Report to Hide His Failures
...
The Bureau of Economic Analysis announced Monday that it had officially canceled releasing the advance estimate on gross domestic product (GDP) for the third quarter of 2025. The Trump administration had previously delayed the release, which was initially slated for October 30, due to the government shutdown—but now it seems to have been abandoned altogether.
Last week, the Labor Department called off releasing its monthly jobs report for October, and the Bureau of Labor Statistics scrapped its own report on inflation.
White House press secretary Karoline Leavitt blamed the Democrats two weeks ago for such delays, saying the liberal party “may have permanently damaged the federal statistical system.” She hinted at further cancellations, saying that data from October “will be permanently impaired.”
...
Yen carry trade unwinding could have unpredictable downstream effects
https://www.japantimes.co.jp/busines...warning-bonds/It’s "concerning that both the yen and the long end of the Japanese government bond nominal market is starting to decouple from any measure of fair value and that intraday correlations are accelerating,” Saravelos said in emailed comments. "If domestic confidence in the government’s and BOJ’s s commitment to low inflation is lost, the reasons to buy JGBs disappear, and more disruptive capital flight ensues.”Concerns over Takaichi’s spending plans have sent government bond yields to multi-decade highs and the yen has weakened to its lowest level since January, slipping near a zone that could trigger intervention from the BOJ. The government is set to unveil the largest spending plan since the pandemic.
To be sure, the 2022 gilt market crisis was fueled by forced selling from U.K. pension fund strategies. There’s no suggestion of a comparable risk from leveraged investors embedded into Japan’s market structure.
Still, Saravelos isn’t alone in expressing concern. Albert Edwards, a global strategist at Societe Generale, said the rise in Japanese long bond yields is "a major warning sign that very few investors are heeding.” The rate on 30-year bonds traded at over 3.35% on Thursday, compared to about 3% at the start of the month.
"It’s not a panic sell-off (yet), but an incremental, remorseless rise in yields,” Edwards wrote. "This secular bear market in government bonds, led by Japan, is destined to unwind the valuation inflation of the past 40 years in stocks and real estate.”
doomerism to be sure, but capitalism has blown up twice since 2008, requiring robust public bailouts both times
5/7/2025
12/18/2025
This is absolutely insane:
Inflation in the US just unexpectedly posted one of the largest monthly declines since 2023.
While a +10 basis point increase in inflation was expected, it actually FELL by -40 basis points.
This puts Core CPI inflation in the US at its lowest level since March 2021.
According to this data, inflation is now at its closest point to the Fed's 2% target since the pandemic.
2026 is going to be a wild year.
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