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7
Trump's America: 0 Job Growth in September (www.foxbusiness.com)
posted 259 days ago by RhodesianRidgeback 259 days ago by RhodesianRidgeback +7 / -0
The US economy saw 'essentially no job growth' last month: Moody's
Moody's Analytics chief economist Mark Zandi warned that U.S. job creation is slowing as the government shutdown prevented the release of the BLS' September jobs report.
www.foxbusiness.com
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– randomuser88385 5 points 259 days ago +5 / -0

Unironically, this is great for stocks. Due to leverage being so high all that matters right now is lower rates, and bad job numbers are an excuse to lower rates.

Meanwhile working class like me are looking for ways to cut expenses everywhere possible at the moment. Been having serious conversations with the spouse about how to cut more.

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▲ 6 ▼
– HallucinatoryBeing 6 points 258 days ago +6 / -0

The stock market has been huffing the rate cut copium since 2022. All of that shit has been priced in and hasn't been corrected since. Nothing short of AI discovering infinite energy will make these retarded valuations make sense.

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– deleted 4 points 258 days ago +4 / -0
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– deleted 2 points 258 days ago +2 / -0

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