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Old 07-01-2020, 09:05 AM
 
Location: Macon, Georgia
900 posts, read 355,335 times
Reputation: 582

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The trade war started the slump in the economy just like the article says.
US manufacturing bounces back in June on reopenings
https://wgxa.tv/news/nation-world/us...-on-reopenings
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Old 07-01-2020, 09:43 AM
 
Location: The Triad (NC)
30,293 posts, read 66,892,480 times
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Quote:
Originally Posted by the tiger View Post
US manufacturing bounces back in June on reopenings
And then along came Jones. c'est la vie


https://www.youtube.com/watch?v=eFyr49TwuiI
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Old 07-01-2020, 10:21 AM
 
Location: Boston
13,072 posts, read 3,780,062 times
Reputation: 9362
DOW went up 18% in second quarter....during heights of CV scare.
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Old 07-02-2020, 07:39 AM
 
13,292 posts, read 6,301,322 times
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Do the talking heads on Bloomberg cable network get paid extra for talking nothing but negativity? I turned them on this morning to see the jobs report and boy, they talk as if the economy is getting worse by the minute. They downplayed the good jobs report as much as possible.
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Old 07-02-2020, 08:33 AM
 
Location: SoCal
18,369 posts, read 8,665,979 times
Reputation: 15134
I turned all paid TV off now. I listen to free Yahoo Finance.
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Old 07-02-2020, 12:40 PM
 
9,671 posts, read 10,277,776 times
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Quote:
Originally Posted by marino760 View Post
Do the talking heads on Bloomberg cable network get paid extra for talking nothing but negativity? I turned them on this morning to see the jobs report and boy, they talk as if the economy is getting worse by the minute. They downplayed the good jobs report as much as possible.
Of the larger TV networks Bloomberg is in the mosh-pit with MSNBC, CNN and a couple of others..........CNN ran a written piece this AM after which you'd've thought the economy adding millions of jobs that last several weeks was bad news. Context is one thing shilling for the DNC is quite another.
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Old 07-02-2020, 02:14 PM
 
Location: ATX-HOU
80 posts, read 17,959 times
Reputation: 91
Quote:
Originally Posted by marino760 View Post
Do the talking heads on Bloomberg cable network get paid extra for talking nothing but negativity? I turned them on this morning to see the jobs report and boy, they talk as if the economy is getting worse by the minute. They downplayed the good jobs report as much as possible.

Doesn't mean they are completely wrong or even mostly wrong. Still a lot of noise and uncertainty with things shutting back down at the end of June. Still a lot of Fed and stimulus money propping things up.
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Old 07-02-2020, 06:58 PM
 
9,671 posts, read 10,277,776 times
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Quote:
Originally Posted by VitaminB12 View Post
Doesn't mean they are completely wrong or even mostly wrong. Still a lot of noise and uncertainty with things shutting back down at the end of June. Still a lot of Fed and stimulus money propping things up.
The piece in question is very close to propaganda. Work your way back in time and look at how Bloomberg treated economic good news during Obama's presidency.
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Old 07-02-2020, 11:12 PM
 
Location: Buckeye, AZ
31,526 posts, read 17,722,671 times
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It being projected that 42% of the nearly 50 million unemployed might not even get their jobs back. We have seen 7 million jobs in the last two months, but how many of these 7 million "new" job holders, still hold a job right now in July? A number of states have closed up bars, gyms, movie theaters and water parks again due to a surge on the hospitals.
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Old Yesterday, 03:57 AM
 
Location: The Triad (NC)
30,293 posts, read 66,892,480 times
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Quote:
Originally Posted by mkpunk View Post
It being projected that 42% of the nearly 50 million unemployed might not even get their jobs back.
If/When they do... I suspect they'll be earning less.
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