Blockbuster US jobs report surpasses all expectations

[Dadar]

You don't get to ignore the differences from before and after the pandemic. And remember, Trump's economy was all fool's gold because it was created by an unnecessary tax cut that added $2 trillion to the deficit. You realize that has to be paid back right? You understand that's money YOU owe right? You understand that it will only get worse if he cuts taxes again right?

Powell has repeatedly stated the current deficit is unsustainable.

It will be interesting to see how the Fed put plays out the next time a market crisis hits.

 

[fatpiggy]

Powell has repeatedly stated the current deficit is unsustainable.

It will be interesting to see how the Fed put plays out the next time a market crisis hits.

Guess we might find out today.

The .50pt rate cut is already priced in if you ask me. Rate cut might actually cause for fuel for sell off. It would be a sign of panic .

 

[fatpiggy]

Wow - They are "revising" the jobs numbers downward by 1 million jobs.

The jobs numbers have just been a bunch of fraudulent bullshit?

 

[fatpiggy]

 

[moradatiger70]

US jobs report reveals economic strain

 

[TigerGrowls]

Wow - They are "revising" the jobs numbers downward by 1 million jobs.

The jobs numbers have just been a bunch of fraudulent bullshit?

View embedded media

Correct. The entire disaster is smoke and mirrors.

 

[moradatiger70]

US job market gets biggest markdown since 2009 with 818K fewer jobs than ***PREVIUOSLY REPORTED***