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Yep. I know. At pretty much full employment, robust job creation is harder to come by. Just the nature; 'everyone' who wants a job is working scenario. It would be strong if BLS came in at ~175K, approaching ~full employment
Quote:
Originally Posted by James Bond 007
The +250K jobs is not the official jobs number, it's ADP's private sector estimate. Official jobs number from the BLS comes out tomorrow morning.
Technically I believe it was Economists who predicted a market crash if Trump won, not Democrats. To be honest I'm surprised at how many people thought the market would do better under Hillary than Trump, he is way more Pro Business than she is.
Yep. I know. At pretty much full employment, robust job creation is harder to come by. Just the nature; 'everyone' who wants a job is working scenario. It would be strong if BLS came in at ~175K, approaching ~full employment
We are not at full employment. I heard the real unemployment figure is 40%. Forty percent! Nuts!
Thank the Federal Reserve for the Trillions in bond purchases. There was virtually nothing on the fiscal side. All monetary intervention, until the fed starting withdrawing, finally starting to normalize rates late last year. The huge run up this past year has been all anticipation of tax action (fiscal), and deregulation (chip, chip, chipping away).
Quote:
Originally Posted by Timmyy
My portfolio has been green for years with no help from Trump.
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