[Eccl 10:2]

"Tumbled...much more than expected."

[Eccl 10:2]

“Futures market pricing is indicating the first rate cut will happen in June, with the Fed moving a total of four times, or a full percentage point, by the end of 2024.”

#########################

Amazing, just in time for the election in November.

[dfwgator]

*DRINK*

[TornadoAlley3]

Who is expecting better numbers?

[ComputerGuy]

Expected never fails to disappoint. Wins every time.

[bert]

Media exist to guess what’s going to happen and then report on successful or unsuccessful guessing. There is actually no real news involved in the speculation process

[Justa]

Translastion:

“Retails sales COLLAPSED 0.8% in January... so for the love of G! you must lower interest rates - what more do you want? The polling data is horrible for Ds”

[dowcaet]

But how can that be? The jobs numbers were huge last month. More people should be spending, right? They can’t keep rigging the numbers because the reality of a weakening economy is getting harder to hide.

[Bon of Babble]

Not surprised with so many businesses closing their doors - in California, b/c of mass shoplifting.

[systemjim]

I would think that it would hurt retail sales when they allow people to fill their carts and just walk out without paying.

[T.B. Yoits]

The set of wheels to show off your wealth to others isn’t an exotic sports car - it’s a full shopping cart.

[Ciexyz]

My relatives are complaining about the cost of daycare for their two kids. Several thousand a month and all wife’s salary goes to pay for it. Wife can’t quit a good job because of long-term expenses for kids.

[mykroar]

Also, initial claims for unemployment insurance totaled 212,000 for the week ended Feb. 10, a decline of 8,000 from the previous week’s upwardly revised total and below the estimate for 220,000.

Until next week's upward revision.

[Vaduz]

Decline = Joe Biden specialty