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Is it possible that this escalating tariff on Mexico is causing a wait and see among CEOs. There are 700,000 boomers getting to retirementage every month. At least one third of the 700,000 are retiring from jobs.
actually the number is more like 240,000 getting to the age...with about 1/3 actually retiring
the boomers are putting off retiring
and as the boomersretire... about 7000k per day
.........................there are about 13-14,000 18-21 yr olds per day ENTERING the workforce to pay for the boomers retiring.
FACT: number of americans turning 65 (average age most people retire) daily.....6,000-8,000
number of americans turning 18 (the average age for people ENTERING the workforce(BLS uses 16)) daily...... 13,000
and the "'millennials " are a BIGGER generation than the boomers, or gen x
so the fact that 6,000-8,000 turn 65 everyday is NULLIFIED by the fact that =/=13,000 turn 18 every day
'many' 18yr olds go to college...62%...and many of those are also within the workforce...working their way through college 71% of college student are also working More students working (a lot) in college - CBS News
fact is the avergage retirment age is about 65 (64 to be exact) The Average Retirement Age
yes many can retire early...but most dont
yes many can retire more than once...(I already have one pension, and and WORKING on my second) aka STILL WORKING
LOL. Investors expect the poor jobs report will trigger the Feds to take action to stimulate the economy.
oh, so then you admit the economy is not credited/blamed to congrees, or potus...so neither Obama, nor Trump, nor either party in congress gets the blame for the economy...only the federal reserve...
US added 75,000 jobs in May, a sharp decline from previous months, suggesting the economy may be slowing. Unemployment rate remained steady at 3.6% however.
This economy has a "Just getting by" feel to it. People are working, unemployment is low, but people don't seem to "feel" like its working. The stock market has been great, the coverage from day-to-day makes it sound like money is raining on the streets of every major city.
But for most of America the boom missed us. We are all working but there is not much to show for it after taxes, utilities, healthcare, insurance, housing, and other required fixed cost are taken care of. This economy feels like it remained in a "spiritual" recession where the numbers and the "feel" don't match.
My investments are doing well but I have been nervous about this economy for 4 years now wondering if the "Real economy" is actually healthy. Because I learned in 2008 that years of gains can be wiped out in a single bad quarter and it takes years to recover.
oh, so then you admit the economy is not credited/blamed to congrees, or potus...so neither Obama, nor Trump, nor either party in congress gets the blame for the economy...only the federal reserve...
thanks for playing Finn my friend
No, that is not what I said at all. I was not even talking about the economy, but only the stock market today. Please make an effort to understand what you read.
No, that is not what I said at all. I was not even talking about the economy, but only the stock market today. Please make an effort to understand what you read.
you said:
Quote:
Investors expect the poor jobs report will trigger the Feds to take action to stimulate the economy
how am I supposed to read that...
you were talking about the economy...and who controls it...the feds
Hang on for the wild ride America. Trump destroys anything he inherits. He inherited a robust economy from President Obama who worked for 8 years to repair the economic destruction of the GOP president before him.
If the Obama economy was really good, Hillary would have won.
She ran a bad campaign, could not win the EC like her baby-boomer friend Al Gore in 2000.
The Reagan economy was great in the 1980s, and that's why Bush the Elder won in '88 until it slowed in the early '90s.
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