To: Oldeconomybuyer
NAS100 is down 800+ points(-13.7%). That’s actually up from the 1000 points it was down a couple hours ago.
US 10 Bond is a 13-month low. The dollar index was down to 102.6 on Monday, hitting its lowest level since mid-January.
Apple is down over 8% and Nivdia is down over 9%.
Of course the experts are blaming the FEDS for not cutting rates sooner, but the true reason is that the underlying economic numbers have sucked for quite a while now. The BLS has been cooking the books on the jobs numbers for a couple of years. The Democrats and their loyal media have just refused to report on it.
7 posted on
08/05/2024 3:31:42 AM PDT by
CFW
To: CFW
The BLS has been cooking the books on the jobs numbers for a couple of years. The Democrats and their loyal media have just refused to report on it.
If the BLS has been cooking the books for a couple of years, why would they stop now a few months before the election? If they are manipulating numbers, it is more likely they decided to push some of the job creation forward from Friday's report to a month and two closer to November.
To: CFW
The job numbers have seemed realistic to me, but highly misleading.
One of the issues that doesn’t get enough attention is that we have growing numbers of able-bodied adults in this country who don’t work at all. That is an enormous drag on overall productivity and ultimately a drain on the entire nation.
21 posted on
08/05/2024 3:52:39 AM PDT by
Alberta's Child
(“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
To: CFW
Blame anything but the truth.
114 posted on
08/05/2024 10:12:37 AM PDT by
Sequoyah101
(More important than why there was nobody protecting the AGR roof, how did Crooks know that?)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson