Posted on 06/07/2019 7:35:11 AM PDT by SeekAndFind
. If he can get a quick win, no problem, but
He won’t. Congress won’t help and the other nations know now they can wait until the election next year.
Investors are encouraged by the jobs report because the odds are growing of a Fed rate cut in the near future.
...
Yep.
The Fed causes recessions with their interest rate manipulations.
Their claim that economic growth causes inflation is false.
I just don’t know what these companies are doing with their money. Definitely not spending. They no longer have to support pensions, medical or any benefits but maybe 5 days a year. They have to be awash with cash.
“I just don’t know what these companies are doing with their money.”
Big, fat bonuses for the handful of people at the top? Stashing it for the next economic downturn, because there WILL be one?
Your guess is as good as mine. So HAPPY to be out of the Rat Race! :)
Silver is up and Gold is heading for that ‘magical’ $1,350.00/oz. some of us have been waiting for, too. If you need to SELL do it soon - the ‘Summer Doldrums’ for Gold are right around the corner.
As for now? Mama Like! :)
NOW: $1,343.50!! :)
If true, good news IMHO.
Almost everyone who wants a job has one. That, combined with a number of very large weather events, pretty much explains a lot.
>>>At 9:48 CDT, the Dow is up 311 points. Apparently, investors are not bothered by this jobs report.
The market is up because investors see the weak number as more likely to convince the Fed to cut rates.
Mr too.
I am just waiting for the “unexpected” revised upward numbers.
It’s dropping because employers are still trying to get people to take the worst jobs for Obama-era pay and benefits, and people aren’t biting.
I see no shortage of raises in pay for management, funnily enough...
Stock Market doesn’t seems to mind the gains are good today with SSO @2x Spx returns.a
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