Money & Economics
- Thread starter bigredfish
- Start date
The lying continues, but MAGA!
www.zerohedge.com
Jobs Shocker: July Payrolls Far Below Estimates, Follow Massive Revisions Lower
Jobs Shocker: July Payrolls Far Below Estimates, Follow Massive Revisions Lower | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com
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mat200
IPCT Contributor
- Jan 17, 2017
- 16,480
- 27,693
"Try that with your credit card"
yup .. been tweeting to have Jamie Dimon lower my interest rates or get fired ..
so far not working for me ..
mat200
IPCT Contributor
- Jan 17, 2017
- 16,480
- 27,693
If you look just at the jobs, some argue that we had a recession during Biden's last year, thus why Biden lost. And a move up on Trump's win, and then a drop. ( aka double dip recession ).
( private sector jobs .. )
Though others define recessions as negative GDP .. with AI coming on strong, and the tariffs and related economic rules transitions many businesses are cautious on capex expenditures other than building AI data centers.
From what I can tell the usual GDP and employment numbers are disconnecting.
white collar jobs gonna get hit, and those who have nice homes with mortgages and student loans have a freight train headed their way imho.
Bonds and the dollar are sounding the alarm about the U.S. economy. Stock investors might want to heed the warning.
Strategists at ING speculated that the dollar might have peaked after its best monthly showing since 2022. The U.S. currency has struggled mightily in 2025. At the end of June, it had tallied its worst first-half showing since at least the early 1970s.
A thread to learn about why the stupid shit Trump is yelling and people are clapping like drunken seals about the Fed is fucking dumb and wrong