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Hey BV, no celebratory jobs report/unemployment report thread?
Hey BV, no celebratory jobs report/unemployment report thread?
By *Huey
2 Aug 2024 10:46 am in No Holds Barred Political Forum
2 Aug 2024 4:15 pm
That pesky timing thingy, designed to take your money.LowIQTrash » 02 Aug 2024, 3:09 pm » wrote: ↑ 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%)
At least you still have your capital, always another opportunity right around the corner when you finally commit to laying that hard earned cash on the table.
2 Aug 2024 4:51 pm
It's OK, extra staffing for the holidays will ease that...Sumela » 02 Aug 2024, 12:01 pm » wrote: ↑ Recession Triggered: Payrolls Miss Huge, Up Just 114K As
Soaring Unemployment Rate Activates "Sahm Rule" Recession
https://www.zerohedge.com/markets/reces ... -sahm-rule
JuCo 5 percenter...
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with?
2 Aug 2024 4:54 pm
JuCo 5 percenter...
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with? 
2 Aug 2024 4:55 pm
Yes! All those glorious part-time/contract jobs with no benefits.
2 Aug 2024 4:55 pm
buy high sell low...it's how I play...Fuelman » 02 Aug 2024, 4:15 pm » wrote: ↑ That pesky timing thingy, designed to take your money.
At least you still have your capital, always another opportunity right around the corner when you finally commit to laying that hard earned cash on the table.
JuCo 5 percenter...
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with?
2 Aug 2024 5:02 pm
Indeed...Sumela » 02 Aug 2024, 4:55 pm » wrote: ↑ Yes! All those glorious part-time/contract jobs with no benefits.
JuCo 5 percenter...
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with? 
2 Aug 2024 7:14 pm
And as aways, previous months numbers were revised down.*Huey » 02 Aug 2024, 10:46 am » wrote: ↑ 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/
June somehow "lost" 40,000 jobs over what was announced last month.
2 Aug 2024 10:48 pm
Well the fed been trying to cool down the United States economy for almost three years now.*Huey » 02 Aug 2024, 10:46 am » wrote: ↑ 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/
They finally done it.
2 Aug 2024 10:49 pm
It's literally what Powell said.
The goal was to slow borrowing and spending and cool the economy. “The most recent inflation readings, though, have shown some modest further progress,” Powell told the Senate committee, “and more good data would strengthen our confidence that inflation is moving sustainably toward 2%.”Jul 9, 2024
https://apnews.com › article › fede...
Fed's Powell highlights slowing job market in signal that rate cuts may
The goal was to slow borrowing and spending and cool the economy. “The most recent inflation readings, though, have shown some modest further progress,” Powell told the Senate committee, “and more good data would strengthen our confidence that inflation is moving sustainably toward 2%.”Jul 9, 2024
https://apnews.com › article › fede...
Fed's Powell highlights slowing job market in signal that rate cuts may
2 Aug 2024 10:50 pm
Sp the fed has succeeded in their stated goal of slowing the American economy to cool down inflation.
The goal was to slow borrowing and spending and cool the economy. “The most recent inflation readings, though, have shown some modest further progress,” Powell told the Senate committee, “and more good data would strengthen our confidence that inflation is moving sustainably toward 2%.”Jul 9, 2024
https://apnews.com › article › fede...
Fed's Powell highlights slowing job market in signal that rate cuts may
The goal was to slow borrowing and spending and cool the economy. “The most recent inflation readings, though, have shown some modest further progress,” Powell told the Senate committee, “and more good data would strengthen our confidence that inflation is moving sustainably toward 2%.”Jul 9, 2024
https://apnews.com › article › fede...
Fed's Powell highlights slowing job market in signal that rate cuts may
3 Aug 2024 5:51 am
*GASPS*golfboy » 02 Aug 2024, 7:14 pm » wrote: ↑ And as aways, previous months numbers were revised down.
June somehow "lost" 40,000 jobs over what was announced last month.
JuCo 5 percenter...
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with?
3 Aug 2024 5:53 am
It's more about the printed trillions drying up...Bidencrimefamily » 02 Aug 2024, 10:49 pm » wrote: ↑ It's literally what Powell said.
The goal was to slow borrowing and spending and cool the economy. “The most recent inflation readings, though, have shown some modest further progress,” Powell told the Senate committee, “and more good data would strengthen our confidence that inflation is moving sustainably toward 2%.”Jul 9, 2024
https://apnews.com › article › fede...
Fed's Powell highlights slowing job market in signal that rate cuts may
JuCo 5 percenter...
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom
If gender is not sex, why should a gender claim change what sex you shower with? 
3 Aug 2024 6:01 am
Cutting off GOVERNMENT SPENDING would have done it too. FIXING THE SUPPLY CHAIN, INCREASING ENERGY PRODUCTION, AND DEPORTING ILLEGALS THAT ARE PUTTING PRESSURE ON EVERYTHING ECONOMICALLY would have done it too, but you would rather PUNISH AMERICANS with HIGH UNEMPLOYMENT, INTEREST RATES, and scarcity of good than actually FIX THE ROOT CAUSES, DICK SUCKER!!Bidencrimefamily » 02 Aug 2024, 10:48 pm » wrote: ↑ Well the fed been trying to cool down the United States economy for almost three years now.
They finally done it.
Liberals are spoiled children, miserable, unsatisfied, demanding, ill-disciplined, despotic & useless. Liberalism is a philosophy of sniveling brats ~O'Rourke
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
The Democratic Party seems intransigent on their position of keeping the party ‘woke,’ detached, exclusionary, and totally insane.
3 Aug 2024 6:28 am
7% interest ratesBidencrimefamily » 02 Aug 2024, 10:50 pm » wrote: ↑ Sp the fed has succeeded in their stated goal of slowing the American economy to cool down inflation.
The goal was to slow borrowing and spending and cool the economy. “The most recent inflation readings, though, have shown some modest further progress,” Powell told the Senate committee, “and more good data would strengthen our confidence that inflation is moving sustainably toward 2%.”Jul 9, 2024
https://apnews.com › article › fede...
Fed's Powell highlights slowing job market in signal that rate cuts may
3 Aug 2024 7:01 am
What does Biden have to do with interest rates, Hole?
3 Aug 2024 7:06 am
Biden spent $4 trillion ...Blackvegetable » 03 Aug 2024, 7:01 am » wrote: ↑ What does Biden have to do with interest rates, Hole?
..that he was warned against ....
And it led to 9% inflation
And now the high interest rates are the result
Get it?
3 Aug 2024 7:06 am
You're a **** idiot.Beekeeper » 03 Aug 2024, 6:01 am » wrote: ↑ Cutting off GOVERNMENT SPENDING would have done it too. FIXING THE SUPPLY CHAIN, INCREASING ENERGY PRODUCTION, AND DEPORTING ILLEGALS THAT ARE PUTTING PRESSURE ON EVERYTHING ECCONOMICALLY would have done it too, but you would rather PUNISH AMERICANS with HIGH UNEMPLOYMENT, INTEREST RATES, and scarcity of good than actually FIX THE ROOT CAUSES, DICK SUCKER!!
https://www.npr.org/2024/01/05/12227141 ... abor-wagesU.S. unemployment has been under 4% for the longest streak since the Vietnam Warwith HIGH UNEMPLOYMENT,
Google "Federal Reserve"INTEREST RATES,
"Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d."and scarcity of good
https://www.eia.gov/todayinenergy/detai ... n%20b%2Fd.
3 Aug 2024 7:07 am
Imagine ..Blackvegetable » 03 Aug 2024, 7:06 am » wrote: ↑ You're a **** idiot.
https://www.npr.org/2024/01/05/12227141 ... abor-wagesU.S. unemployment has been under 4% for the longest streak since the Vietnam War
Google "Federal Reserve"
"Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d."
https://www.eia.gov/todayinenergy/detai ... n%20b%2Fd.
The inflation Biden created.
3 Aug 2024 7:07 am
I get that you're a moron.BooRadley » 03 Aug 2024, 7:06 am » wrote: ↑ Biden spent $4 trillion ...
..that he was warned against ....
And it led to 9% inflation
And now the high interest rates are the result
Get it?
3 Aug 2024 7:09 am
It's what it is...imagined.
The people telling you that paid 787 million for lying to you.
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