You just can't help yourself and keep coming back to humiliate yourself![]()
"These adjectives mean everything to my message board win/ loss record"
You're a massively weird dude.
You just can't help yourself and keep coming back to humiliate yourself![]()
MOAR INTERNET WINS!
I was definitely a buyer on weakness but didn't think it would run up this fast. Loving it.
tough jobs report
https://www.msn.com/en-us/money/mark...ve/ar-AA1HPsBtPrivate sector hiring shrunk dramatically last month in a worrying sign for the the US economy.
Private payrolls shed 33,000 jobs in June when analysts had conversely expected them to add 100,000, according to the latest ADP figures.
The worrying data suggests the US economy could be a lot less resilient than investors have been hoping.
The S&P 500 and Nasdaq indexes turned negative in pre-market trading following the release of the report on Wednesday morning.
'Though layoffs continue to be rare, a hesitancy to hire and a reluctance to replace departing workers led to job losses last month,' Nela Richardson, ADP's chief economist said in a statement.
If what Trump says is true about Vietnam tariffs, which is probably the cause of the markets rising, you'll be paying back the money you're making now a little later this year at the cash register.
Unless you're that idiot that believes the suppliers will eat the tariffs and not pass them on to the consumer.
The CPI data doesn't support your argument that the consumers are paying all the tariffs, so far consumers are paying a small fraction of them. I'm perfectly OK with that.
Also, this Vietnam trade deal supposedly secures US exporters tariff free access to Vietnam which is good for our exporters. Do you think that's bad for US exporters?
Lol "so far".
History says consumers eat the tariffs.
I honestly don't give a about our exports to Vietnam. Why should I? I don't export anything to Vietnam. Do you?
lol "History". You know we've had a 25% tariffs on US imports of trucks, but we've haven't been paying crazy high prices for trucks, have we?
That's because companies have a choice to dodge the tariffs by building their products in the US. That's what Toyota did when they built a Tundra plant in San Antonio. That plant probably doesn't exist without the tariffs.
I invest in companies that export to all the countries we're trying to strike deals with so I'm for it. Plus it's good for American businesses if they can export more products. I guess I can understand why you don't care about that. I do.
Trump's immigration dragnet will likely depress economic growth, according to pointy-headed commies at the American Enterprise Ins ute
hww.aei.org/research-products/report/immigration-policy-and-its-macroeconomic-effects-in-the-second-trump-administration/![]()
Hiring Defied Expectations in June, With 147,000 New Jobs
U.S. job growth continued at a steady pace last month, surprising economists who had predicted a slowdown in hiring amid uncertainty over trade and fiscal policy.
The U.S. added 147,000 jobs in June, the Labor Department reported Thursday, above the gain of 110,000 jobs economists polled by The Wall Street Journal had expected.
The unemployment rate, which is based on a separate survey of U.S. households, fell to 4.1% from 4.2%.
Revisions showed that hiring was stronger in prior months than previously thought. The number of jobs added in April and May was a combined 16,000 higher than prior estimates.
https://www.msn.com/en-us/money/mark...9b6cc6d33&ei=9
winehole
lol asshole23
TSA really excited by the increase in government jobs.
Private sector actually down 33,000 jobs.
...
Federal-government layoffs were a modest drag on payrolls, with federal-government employment declining by 7,000 in June. But overall government employment rose by 73,000, because states and localities continued to add jobs.
Private-sector employers added just 74,000 jobs in June, down from 137,000 in May. That was also the lowest number since October 2024, after hurricanes Helene and Milton put thousands of people out of work.
More than half of the month’s gains came from state and local governments, which added a combined 80,000 jobs.
“The headline number exaggerates the underlying trend of job growth,” said Henry McVey, head of global macro and asset allocation at KKR. While overall job growth looked strong, it was heavily concentrated in a handful of sectors and driven in part by state and local government hiring.
One area of concern: Manufacturing employment fell for the second straight month. “The underlying data tells you that we’re having a manufacturing recession,” he said.
President Trump has said that his tariffs will make America richer and bring back manufacturing jobs.
The jobs report is a sign that manufacturers are holding off on hiring because of uncertainty over tariffs, said Sung Won Sohn, a professor of finance and economics at Loyola Marymount University.
...
3.5 more years of up-is-downism
ST Dems trying to nitpick ANOTHER positive jobs report when they didn't say a word when Biden had downward revisions in 11 of 12 months and total downward revision of 818,000 jobs Mar 2023 - Mar 2024![]()
Poor fella just can't get anything to go his way
If dependence on government jobs is what you wanted, congratulations.
I thought you were pimping manufacturing with all your support of tariffs. Turns out you don't give a about manufacturing jobs at all.
My bad.
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