Liberal Forum

Oh, never mind, I see why:
A Labor Department report showed nonfarm payrolls rose by 114,000 jobs in July, sharply lower than the 175,000 additions estimated by economists polled by Reuters. The unemployment rate ticked higher, to 4.3%, from 4.1% a month ago.

 With fresh evidence of a weakening labor market, traders are now betting the Federal Reserve will deliver a big half-percentage-point rate cut in September, versus the 25-bps cut expected before the data.

https://nypost.com/2024/08/02/business/ ... ion-fears/
 
 

Cmon plugs get to work!

*Huey » 02 Aug 2024, 10:46 am » wrote: ↑

02 Aug 2024, 10:46 am

Oh, never mind, I see why:
A Labor Department report showed nonfarm payrolls rose by 114,000 jobs in July, sharply lower than the 175,000 additions estimated by economists polled by Reuters. The unemployment rate ticked higher, to 4.3%, from 4.1% a month ago.

 With fresh evidence of a weakening labor market, traders are now betting the Federal Reserve will deliver a big half-percentage-point rate cut in September, versus the 25-bps cut expected before the data.

https://nypost.com/2024/08/02/business/ ... ion-fears/

I hope you are ready for him to hide behind his avalanche of questions/demands. 

*Vegas » 02 Aug 2024, 11:22 am » wrote: ↑

02 Aug 2024, 11:22 am

I hope you are ready for him to hide behind his avalanche of questions/demands.

He will probably come in here and try to reframe.  

Recession Triggered: Payrolls Miss Huge, Up Just 114K As
Soaring Unemployment Rate Activates "Sahm Rule" Recession

https://www.zerohedge.com/markets/reces ... -sahm-rule

*Huey » 02 Aug 2024, 10:46 am » wrote: ↑

02 Aug 2024, 10:46 am

Oh, never mind, I see why:
A Labor Department report showed nonfarm payrolls rose by 114,000 jobs in July, sharply lower than the 175,000 additions estimated by economists polled by Reuters. The unemployment rate ticked higher, to 4.3%, from 4.1% a month ago.

 With fresh evidence of a weakening labor market, traders are now betting the Federal Reserve will deliver a big half-percentage-point rate cut in September, versus the 25-bps cut expected before the data.

https://nypost.com/2024/08/02/business/ ... ion-fears/

After the *** beating he took from the prior report with unemployment rate going up, he may be a little gun shy.
 

Fuelman » 02 Aug 2024, 12:06 pm » wrote: ↑

02 Aug 2024, 12:06 pm

After the *** beating he took from the prior report with unemployment rate going up, he may be a little gun shy.

In the retelling, you have a vague idea.

Seriously.



 

Fuelman » 02 Aug 2024, 12:06 pm » wrote: ↑

02 Aug 2024, 12:06 pm

After the *** beating he took from the prior report with unemployment rate going up, he may be a little gun shy.

Market is going parabolic soon.

SP 6000+ 

Pelosi bought $5M in NVDA back in June, she didn’t buy it to lose 15% of her investment 

*Huey » 02 Aug 2024, 10:46 am » wrote: ↑

02 Aug 2024, 10:46 am

Oh, never mind, I see why:
A Labor Department report showed nonfarm payrolls rose by 114,000 jobs in July, sharply lower than the 175,000 additions estimated by economists polled by Reuters. The unemployment rate ticked higher, to 4.3%, from 4.1% a month ago.

 With fresh evidence of a weakening labor market, traders are now betting the Federal Reserve will deliver a big half-percentage-point rate cut in September, versus the 25-bps cut expected before the data.

https://nypost.com/2024/08/02/business/ ... ion-fears/

I see no attached thoughts....so I have no idea whether you believe this is "good" or "bad".

Perhaps @*VegasVagina can share his thoughts...
 

Blackvegetable » 02 Aug 2024, 12:42 pm » wrote: ↑

02 Aug 2024, 12:42 pm

I see no attached thoughts....so I have no idea whether you believe this is "good" or "bad".

Perhaps @*VegasVagina can share his thoughts...
 

 

Run.......

Blackvegetable » 02 Aug 2024, 12:42 pm » wrote: ↑

02 Aug 2024, 12:42 pm

I see no attached thoughts....so I have no idea whether you believe this is "good" or "bad".

Perhaps @*VegasVagina can share his thoughts...

Powell didn’t cut, the market would rather do it for him

https://www.cnbc.com/quotes/US10Y

Going to zero in 2025, TLT back to $120


Edit: typo, meant FFR -> zero, not 10Y

Blackvegetable » 02 Aug 2024, 12:42 pm » wrote: ↑

02 Aug 2024, 12:42 pm

I see no attached thoughts....so I have no idea whether you believe this is "good" or "bad".

Perhaps @*VegasVagina can share his thoughts...

      You of all people are accusing someone of not giving thoughts. 

And if anybody needs anymore evidence of your stupidity, look at how you are trying to tag me. You can't anymore, yet you continue to try. 

*Vegas » 02 Aug 2024, 1:03 pm » wrote: ↑

02 Aug 2024, 1:03 pm

      You of all people are accusing someone of not giving thoughts. 

And if anybody needs anymore evidence of your stupidity, look at how you are trying to tag me. You can't anymore, yet you continue to try.

Just admit that you don't know anything.

*Huey » 02 Aug 2024, 12:47 pm » wrote: ↑

02 Aug 2024, 12:47 pm

Run.......

From what?

Take a stand on what you insist I must run from.


 

Blackvegetable » 02 Aug 2024, 1:17 pm » wrote: ↑

02 Aug 2024, 1:17 pm

Just admit that you don't know anything.

So no...you got nothing about the OP. Huey kicks your *** again. 

Blackvegetable » 02 Aug 2024, 1:18 pm » wrote: ↑

02 Aug 2024, 1:18 pm

From what?

Take a stand on what you insist I must run from.


 

 

You don't have to do anything.  That proves the points.  Thanks a bunch, you're a peach.
 

*Huey » 02 Aug 2024, 1:32 pm » wrote: ↑

02 Aug 2024, 1:32 pm

You don't have to do anything.  That proves the points.  Thanks a bunch, you're a peach.

Be vague.

LowIQTrash » 02 Aug 2024, 12:40 pm » wrote: ↑

02 Aug 2024, 12:40 pm

Market is going parabolic soon.

SP 6000+ 

Pelosi bought $5M in NVDA back in June, she didn’t buy it to lose 15% of her investment

That $6 trillion sitting in money market funds is itching to go somewhere else!
 

*Huey » 02 Aug 2024, 10:46 am » wrote: ↑

02 Aug 2024, 10:46 am

Oh, never mind, I see why:
A Labor Department report showed nonfarm payrolls rose by 114,000 jobs in July, sharply lower than the 175,000 additions estimated by economists polled by Reuters. The unemployment rate ticked higher, to 4.3%, from 4.1% a month ago.

 With fresh evidence of a weakening labor market, traders are now betting the Federal Reserve will deliver a big half-percentage-point rate cut in September, versus the 25-bps cut expected before the data.

https://nypost.com/2024/08/02/business/ ... ion-fears/

Yea but the small haddock is $6.99,  
 
 

Fuelman » 02 Aug 2024, 1:43 pm » wrote: ↑

02 Aug 2024, 1:43 pm

That $6 trillion sitting in money market funds is itching to go somewhere else!

You know what the irony is

I said to buy puts when SP hit 5400, it overshot to 5600 and now is sitting at 5300 so even though the timing was very poor, it would’ve broken even at least!   

I never did short, I saw IWM surging and knew its drop to 150 wouldn’t happen this year. More likely going to 245. That next decline to 150 will be brutal (-40%)