U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 02-01-2019, 09:59 AM
 
Location: Oklahoma
6,703 posts, read 6,122,964 times
Reputation: 5970

Advertisements

Quote:
Originally Posted by phma View Post
New jobs report is out. What you make of it is up to you.
LOL, for eight years all we heard from you guys was that the 11.6 million jobs that were created during Obama's terms were all part time burger flipping jobs.
Reply With Quote Quick reply to this message

 
Old 02-01-2019, 10:03 AM
 
26,185 posts, read 8,913,327 times
Reputation: 9117
Quote:
Originally Posted by eddie gein View Post
LOL, for eight years all we heard from you guys was that the 11.6 million jobs that were created during Obama's terms were all part time burger flipping jobs.
Its past time to admit it. He's yesterdays fish wrap.

Most people have moved on. Its what people do.
Reply With Quote Quick reply to this message
 
Old 02-01-2019, 11:18 AM
 
Location: Kansas City, MISSOURI
8,848 posts, read 2,658,662 times
Reputation: 6790
Remember those RV sales I was talking about?

Anyway, been following this guy for a while. Interesting methodology:

The Unemployment Rate May Soon Signal A Recession: Update - February 1, 2018
Quote:
For a recession signal, the short EMA of the UER would have to form a trough and then cross its long EMA to the upside. Alternatively, the UERg graph would have to turn upwards and rise above zero, or the 19-week rate of change of the UER would have to be above 8%.

Currently, the trajectories of the unemployment rate's short and long EMA are both upwards and nearing a cross, UERg is approaching zero, and the 19-week rate of change of the UER is also near the critical level.

Forward simulations of the model shows that if the future unemployment rate remains at 4.0%, or reduces, the model does not signal a recession. However, if the unemployment rate should rise to 4.1% in the coming months then the model would then signal a recession.
Obviously the government shutdown raised the rate in January, but only by 0.1 percentage points. It had already been rising a bit the previous few months. And it would take just another 0.1 points to signal a recession, which seems to be in the realm of possibility even taking into account the shutdown.
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 01:21 PM
 
26,185 posts, read 8,913,327 times
Reputation: 9117
What in the world is going on ?
Photo captures the Dems reaction to this up leg that never seems to end.
Time to shake it off Dems and get in the game.


http://www.marketwatch.com/story/tim...dist=bigcharts

say it’s time for investors to become “aggressive buyers.
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 03:16 PM
 
14,616 posts, read 3,867,544 times
Reputation: 10650
Buy Buy Buy.

Sounds like Realtors. Only once or twice in my entire life have they told me that it's NOT the time to buy or sell.

My "ask" is when we are going to get back to where we were a year ago in Jan (26.6K) ? I made up some losses recently, but am still down 3.9%, whereas I expected to be up 6-12% in even a "decent" year. That's a big difference. First year in memory (since GWB Depression) that I've seen a "lost year" in my own very diverse portfolio.
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 03:21 PM
 
14,616 posts, read 3,867,544 times
Reputation: 10650
Quote:
Originally Posted by Ponderosa View Post
December and January reports are always more fudge than fact initially. They knocked about 100,000 jobs off of the December report. I expect to see a substantial downward revision to this one as well. Doesn't matter though. Jobs are a lagging indicator. There is a good deal of worrisome news on the economic front and a recession in the next 18 months is almost a given.
Remember, Uber is employment....even if you are losing money and don't know it. That's well over a million "jobs" right there. Even the highest average estimates put many of the "sharing economy" jobs at $8 to $12 an hour...at most. Many are well lower when all is said and done.
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 04:35 PM
 
1,950 posts, read 2,221,340 times
Reputation: 1449
One of the best ever Januarys for the market
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 04:46 PM
 
Location: Kansas City, MISSOURI
8,848 posts, read 2,658,662 times
Reputation: 6790
Quote:
Originally Posted by phma View Post
What in the world is going on ?
Photo captures the Dems reaction to this up leg that never seems to end.
Time to shake it off Dems and get in the game.


http://www.marketwatch.com/story/tim...dist=bigcharts

say it’s time for investors to become “aggressive buyers.
Some people never learn:
Quote:
Originally Posted by phma View Post
President Trump is absolutely the greatest on the economy. Dow breaks 25,000

They say it still has room to run !!!!

Go ahead 401K make my day !!!
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 05:09 PM
 
Location: Oklahoma
6,703 posts, read 6,122,964 times
Reputation: 5970
Quote:
Originally Posted by phma View Post
Its past time to admit it. He's yesterdays fish wrap.

Most people have moved on. Its what people do.
It's way past time to admit that you aren't intellectually honest in terms of how you interpret economic data.
Reply With Quote Quick reply to this message
 
Old 02-05-2019, 06:41 PM
 
Location: alexandria, VA
9,148 posts, read 4,261,279 times
Reputation: 5147
Quote:
Originally Posted by eddie gein View Post
It's way past time to admit that you aren't intellectually honest in terms of how you interpret economic data.
That poster is what bubbles are made of.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads
Follow City-Data.com founder on our Forum or

All times are GMT -6. The time now is 01:14 AM.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top