Money & Economics

[bigredfish]

Economy created 911,000 fewer jobs in 2024-2025 than originally reported. More ammo for Fed rate cut.​

Economy created 911,000 fewer jobs in 2024-2025 than originally reported. More ammo for Fed rate cut.

Labor market weakness could influence how aggressively interest rates are reduced

www.marketwatch.com

Job growth revised down by 911,000 through March, signaling economy on shakier footing than realized​

https://www.cnbc.com/2025/09/09/jobs-report-revisions-september-2025-.html

 

[bigredfish]

Worst Revision In History: BLS Admits A Record 911K Fewer Jobs Were Added





From zerohedge.com

 

[tigerwillow1]

Just Wow

View attachment 227720

Correct, but on the other side of the coin this is what a few representative gold stocks are doing today:


I've noticed in the past that when the stocks illogically go down, the bullion price follows them down within days. (I've also noticed that when I make a financial declaration it usually does the opposite).

 

[jpc-s4]

I'd opine opposite that. Smaller geometry means more speed and less power going up as heat, both pretty important as mankind wipes himself out with technology.

Yes, that is true. But how many applications need it? Sure, for cutting-edge processors (GPUs), but given their cost, they aren't very widespread. Any other application uses older (sometimes much older) processes, especially analog and RF/MMW.

 

[anijet]

"Treasury Secretary Scott Bessent noted, when you add the previous Biden revision of -577,000 to the current revision of -911,000 the Bureau of Labor and Statistics (BLS) had overreported Biden’s job growth by almost 1.5 million jobs."

The Last Refuge

Rag Tag Bunch of Conservative Misfits - Contact Info: [email protected]

theconservativetreehouse.com

 

[bigredfish]

Correct, but on the other side of the coin this is what a few representative gold stocks are doing today:
View attachment 227727

I've noticed in the past that when the stocks illogically go down, the bullion price follows them down within days. (I've also noticed that when I make a financial declaration it usually does the opposite).

LOL, of course!

Stocks are decoupled from reality and have been for quite a long time. 50X multiples on companies barely making it LOL!
I dont play the stocks at all, and I think miner's are a sucker bet

I'm only watching physical (and the #GLD ETF that follows it) which has more than doubled for me since Sept '23.
Sold just under 1/2 my initial buy and am playing with their money now.

 

[tigerwillow1]

I felt the need to fix this:

Sold just under 1/2 my initial buy and am playing with their money now. getting ready to send it to Andy for a few 5x59-PRO.

 

[tigerwillow1]

This may very well be true but that's not my purpose for this post. With this and many other examples from the last week or two, it's looking to me like a coordinated media campaign to make it "necessary" to lower interest rates.