The ECONOMY Part Deux

12,775 Views | 185 Replies | Last: 3 hrs ago by movielover
movielover
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New warehouses, manufacturing plants going up right now as the BBB kicked in January 1st.

Our so-called leaders were so myopic, paid off crooks, dimwitted. Allowing or even incentivising the offshoring of key manufacturing, pharmaceuticals, etc was and is absurd.
DiabloWags
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You should ask yourself how much of our current 2.1% GDP is coming from the Ai surge which will eventually peak.

I repeat again . . . Trump's Trade Policy & Tariffs have failed to decrease the Trade Deficit
That's a fact.

DiabloWags
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Economists had expected 115,000 jobs created.
Came in at 57,000

dajo9
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Wow. Big drop in prime age labor participation. From 83.9 to 83.3 in 1 month.
DiabloWags
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dajo9 said:

Wow. Big drop in prime age labor participation. From 83.9 to 83.3 in 1 month.


The Labor Participation Rate dropped to the lowest level in 5 years at 61.5% last month
720,000 people left the labor force.

And May was revised downward from 172,000 to 129,000.
April revised downward by 31,000 to 148,000.

Leisure and hospitality employment dropped by 61,000
So much for the World Cup effect.

US job growth slows in June; unemployment rate falls to 4.2% amid decline in labor force
DiabloWags
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Looks like my purchase of the 2-year Treasury Notes at 4.19% at the recent auction is working out so far.
Got down to 4.09 the other day.

Am surprised the Notes haven't rallied all that much today after the much weaker jobs report.

DiabloWags
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These 4 charts sum up the latest jobs report.
But I will anxiously await commentary from Amuse before I come to any conclusions.

PAC-10-BEAR
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If we have the chips, we no longer have strategic need for Taiwan, which leads into the thesis that the US are removing their influence on China and Russia's borders (Ukraine and Taiwan), and in exchange they are removing their influence from our hemisphere in places like Panama, Venezuela, Cuba, etc.

Trump, Putin, and Xi, may already have a deal in place.
smh
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bs-ers gonna bs
not dead yet # funk trunk and i.c.e. too (allergic to AI)
PAC-10-BEAR
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smh said:

bs-ers gonna bs

the robots are going to need a lot of chips.
movielover
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I believe the Biden Administration continued Trump 1.0 policies, and Trump 2.0 put it into hyperdrive w tariffs, investments, BBB, etc.
 
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