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Old 06-05-2019, 07:01 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,334,196 times
Reputation: 7627

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"Job growth screeches to a near halt in May, with private payrolls up just 27,000

Job creation skidded to a near-halt in May in another sign that the U.S. economic momentum is slowing.

Companies added just 27,000 new positions during the month, according to a report Wednesday from payroll processing firm ADP and Moody’s Analytics that was well below Dow Jones estimates of 173,000.

The reading was the worst since around the time the economic expansion began and the jobs market bottomed in March 2010 with a loss of 113,000. Since then, the private payrolls count has increased by 21.3 million..."

https://www.cnbc.com/2019/06/05/job-...-just-27k.html

Now, these are the ADP numbers not the BLS numbers - and those 2 readings CAN vary by quite a bit. We'll see what the BLS numbers say tomorrow.

Ken

Last edited by LordBalfor; 06-05-2019 at 07:46 AM..
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Old 06-05-2019, 07:34 AM
 
Location: SC
8,793 posts, read 8,166,453 times
Reputation: 12992
Quote:
Originally Posted by phma View Post
The difference is I have until the end of Trump's terms and you only gave yourself a week.
Short term thinking and investing go hand in hand !!!
In long term thinking and investing most people win.

But you have some time left and you might get your a$$ pulled out of the fire yet !!!
You "gave" yourself? What a load of malarkey. My post was about what looked likely this week - based on NEWS - News that has since CHANGED. Yours was about how Trump is the best president ever because the dow was over 25000 and would accelerate. Well it has been stuck at the same level since you made that prediction A YEAR AND A HALF AGO that it would soar. A trump market would need a miracle to recover to the slope it was on. For me, it certainly would be a welcome miracle (trump keeping his mouth shut and dropping tariffs), but a miracle all the same.
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Old 06-05-2019, 07:44 AM
 
34,300 posts, read 15,656,546 times
Reputation: 13053
Quote:
Originally Posted by blktoptrvl View Post
You "gave" yourself? What a load of malarkey. My post was about what looked likely this week - based on NEWS - News that has since CHANGED. Yours was about how Trump is the best president ever because the dow was over 25000. Well it has been stuck at the same level since you made that prediction A YEAR AND A HALF AGO that it would soar. A trump market would need a miracle to recover to the slope it was on.
Don't be silly I have 1.5 to 5.5 years to go !!!
Its safe to say you don't have a handle on what the future has in store.
You have less than 72 hours to be right or wrong !!! Enjoy it !!!
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Old 06-05-2019, 08:11 AM
 
Location: Phoenix
30,373 posts, read 19,170,654 times
Reputation: 26266
Quote:
Originally Posted by MJJersey View Post
Market crushed it yesterday.
Making our liberals cry out to the skies and melt like Snowflakes.
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Old 06-05-2019, 11:25 AM
 
5,756 posts, read 3,999,109 times
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Quote:
Originally Posted by LordBalfor View Post
Yeah, just about where it was a YEAR AND A HALF AGO.
More than half of Trump's entire Presidency has shown virtually ZERO net gain.


Ken
Well Kenny Trump has done more for the economy in a little over two and a half years than Obama did in eight.Obama said manufacturing would never return to the U.S. it would take a magic wand Trump added 500,000 jobs ...Obama suxs! Obama lies! Obama's gone!
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Old 06-05-2019, 11:59 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,334,196 times
Reputation: 7627
Quote:
Originally Posted by Dumbdowndemocrats View Post
Well Kenny Trump has done more for the economy in a little over two and a half years than Obama did in eight.Obama said manufacturing would never return to the U.S. it would take a magic wand Trump added 500,000 jobs ...Obama suxs! Obama lies! Obama's gone!
Obama took an economy shedding 700,000+ jobs/month and left Trump an economy gaining 200,000+ jobs/month - a net improvement of over a MILLION jobs/month. Trump, in comparison has been generating less new jobs/month than Obama did. In fact, last months new jobs numbers were the LOWEST in 6 years.

Trump suxs - and he'll be gone too.

Ken
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Old 06-05-2019, 02:27 PM
 
Location: alexandria, VA
16,352 posts, read 8,097,884 times
Reputation: 9726
Quote:
Originally Posted by Dumbdowndemocrats View Post
Well Kenny Trump has done more for the economy in a little over two and a half years than Obama did in eight.Obama said manufacturing would never return to the U.S. it would take a magic wand Trump added 500,000 jobs ...Obama suxs! Obama lies! Obama's gone!
Obama stabilized and turned around a tanking economy, then handed the revived economy to Trump on a silver platter. So far it looks like Trump is doing his best to tank the economy again with his tariffs and trade wars but, mirabile dictu, the Republicans are standing in the way.
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Old 06-05-2019, 02:31 PM
 
20,462 posts, read 12,384,859 times
Reputation: 10259
If I were China I wouldn't back down either. The American Democrats have flat stated they are on China's side.


Shoot, Biden has overtly stated that China isn't a problem at all.


China just needs to wait out Trumps presidency. its 100% guarantee dems will control the WH in 2 or 6 years. AND they will role over to china at the earliest possible opportunity.
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Old 06-05-2019, 02:32 PM
 
20,462 posts, read 12,384,859 times
Reputation: 10259
Quote:
Originally Posted by r small View Post
Obama stabilized and turned around a tanking economy, then handed the revived economy to Trump on a silver platter. So far it looks like Trump is doing his best to tank the economy again with his tariffs and trade wars but, mirabile dictu, the Republicans are standing in the way.
bull Obama stalled a natural recovery. and surrendered to anyone he could bow before.
in fact when Trump suggested he could fix it, Obama asked if Trump had a magic wand.
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Old 06-05-2019, 02:36 PM
 
Location: alexandria, VA
16,352 posts, read 8,097,884 times
Reputation: 9726
Quote:
Originally Posted by Ferd View Post
bull Obama stalled a natural recovery. and surrendered to anyone he could bow before.
in fact when Trump suggested he could fix it, Obama asked if Trump had a magic wand.
Now this is funniest post I've seen in a long time.
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