“Blowout jobs report”, somebody at CNBC is a real card.
“Blowout jobs report”, somebody at CNBC is a real card.
Yeah -- that's the slogan. Even the pro's struggle to beat the indexes. Much better to periodically invest say 10-20% of one's salary over decades and just leave it alone to grow. Most people - myself included - know it is quite a struggle to save that much. It was a long hard road for me that finally paid off. In the early years I found it hard to save anything but I began increasing my savings percentage every year until it was about 25% when I retired.
Good, now the Fed can raise interest rates 2% on Monday. /s
Think I’m kidding?
The DJ has to surge 2000 more points before I break even. The stock market has not been good to me.
The dims have had the house but a day or so and things already changing for the good. s/
Beating the jobs expectation is excellent, but I am tempered by the notion that many of these were probably seasonal hires, correct?
But but but China is tanking? What about the terrible tariffs??? It s global economy dang it! /sarc
The Fed needs to follow President Trump’s advice (his 2015 & 2016 advice anyway) and continue to normalize rates (an increase of at least 150 to 250 basis points).
President Trump in June 2015: “We have a big, fat bubble coming up, you watch. We have artificially induced low interest rates, I borrow money...you pay like nothing; they give you free money. Now that’s bad, that’s not good.” and Pres. Trump in Sept. 2016: “The interest rates are kept down by President Obama; I have no doubt that that’s the reason they are being kept down.” and “I used to hope that the Fed was independent, and the Fed is obviously not independent. It’s obviously not even close to being independent.”.
The economy is running hot along with inflation (I can’t keep up with the local restaurant menu price increases!)...The Fed should continue to act independently as Mr. Trump so correctly put it.
https://www.msnbc.com/morning-joe/watch/donald-trump—the-country-is-doing-terribly-467434563618
Bookmark.
What a dickhead.
There us a preset policy: MAKE AMERICA GREAT AGAIN!
Powell is turns out to be a closet lefty. He should be replaced by a capitalist ASAP
The markets do not trust this leftist ba$tard, Powell bowed to leftist democrat pressure to slow down the economy to spitefully diminish the economic success of PDJT.
This is why President Trump had to get inside Powell's head and WELL DONE President Trump!
SEE THIS:
http://insider.foxnews.com/2018/11/28/trump-got-fed-chair-jerome-powells-head-about-interest-rates
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A stock market analyst said Wednesday on "Your World" that the Federal Reserve appeared to "do a 180" and stopped dramatically hiking federal interest rates because President Trump "got in" Fed Chairman Jerome Powell's head.
In October, Powell -- who was appointed by Trump for the 10-year-term to succeed Obama's Fed chair Janet Yellen -- said the Fed rate was "world's apart" from where it should be.
During the Obama administration, the federal interest rate was dropped to zero for a long period of time, but Powell began to hike the rate back toward where it was in the early 2000s.
Trump has repeatedly blasted Powell's decision to hike the rate so drastically at once, appearing to pin October's volatile stock market performance on that development.
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Donald J. Trump
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@realDonaldTrump
....The United States should not be penalized because we are doing so well. Tightening now hurts all that we have done. The U.S. should be allowed to recapture what was lost due to illegal currency manipulation and BAD Trade Deals. Debt coming due & we are raising rates - Really?
84.6K
8:51 AM - Jul 20, 2018
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However, market analyst Daniel Geltrude said that Powell's statement Wednesday that interest rates are "just under" where they need to be for a "neutral" impact on the economy is a "180" that Trump may have caused. After Powell's Wednesday remarks, the market soared to a more-than 600 point gain on the day.
After 8 years of sluggish obummer "growth", why would he want that? What's in it for him, and his billionaire multinational corporation buddies?
Yup. Another tragic failure for President Trump. Let’s go vote out the Senate and make them commie also so that we can turn this around and drive this country in the toilet like the commies want us to do. Nope, this is not America that the commies love. We are just being too positive, to great and wonderful, to American!!! More jobs and more money for workers is just wrong. Commies cannot win like that. But, you know Americans, the President adds thousands of jobs and Amerikans vote in a commie House of Reps. Ain’t America great.