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It turns out Trump leaked an insider pre-market signal to his investor buddies before the official numbers were out.
Always good to have an insider in the WH. It doesn't matter if the news is good, bad, or neutral because as long as you know beforehand, you can make your moves in advance.
The jobs report painted a picture of an economy with opportunities for almost everyone. Black unemployment fell to a record low, and the gap between black and white unemployment shrank to the narrowest ever measured.
I would venture to saw more of an issue was the 90's tax cut bonanza funded by pension sweeteners down the road that only exacerbated the problem in places like San Diego, NY, and NJ. Read Lowenstein for a good breakdown of this.
Considering how many pension funds are invested in alternative investments due to the above shortfall generated to try to make up the deficit I'd say lower rates are less of an issue.
So now that Trump is president are we back to believing the data that the Bureau of Labor Statistics puts out? Because under Obama it was just a bunch of lies. I mean, I've always believed the data but about half of P&OC posters do not.
The jobs report painted a picture of an economy with opportunities for almost everyone. Black unemployment fell to a record low, and the gap between black and white unemployment shrank to the narrowest ever measured.
If you can identify one Trump policy that directly impacted the Black employment rate - let me know.
As far as I can see -- the black unemployment rate -- like the unemployment rate has been on a slow steady decline since 2010.
92 months of job growth.
Are you saying somehow Trump impacted the 76 months before he took office?
Well that's some magic?
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