rusty shackleford Posted September 6 Posted September 6 11 hours ago, SectionC3 said: Hoax. It’s the opinion of Goldman Sachs analysts. It’s also all over the internet. Not in cartoon form yet, to be fair to you, but surely that isn’t far away. I choose joy, freedom, and prosperity. You should too. Enjoy! https://thehill.com/business/4861677-goldman-sachs-trump-impact/amp/ There is literally no opinion on the expectations for today's highly anticipated August 2024 jobs report. The article just gives opinions on how Trump vs Harris economic policies could impact the economy post election. It does mention the Wednesday jobs survey was not positive; an early indicator for what today's report might show. 1
Tommy Callahan Posted September 6 Posted September 6 The futures markets are looking like this won't be a good report. and even if it's on par with estimates, next month it will be revised down 1
rusty shackleford Posted September 6 Posted September 6 https://finance.yahoo.com/news/august-jobs-report-unemployment-rate-falls-to-42-labor-market-adds-142000-jobs-182656446.html Jobs report is out. August expectations were 165k, had 142k actual. Another revision downward for the previous month's report (July originally was 122k but now revised to 89k). The constant revisions of prior reports always downward is concerning. 1 1
All_Pro_Bills Posted September 6 Posted September 6 August jobs 142K vs. 160K expectation. June revised lower by 61K to 118K from 179K July revised lower by 25k to 89K from 114K 1 2
Tommy Callahan Posted September 6 Posted September 6 38 minutes ago, All_Pro_Bills said: August jobs 142K vs. 160K expectation. June revised lower by 61K to 118K from 179K July revised lower by 25k to 89K from 114K Thats beyond stagflation. again, the media and government agencies lied/mistake led to the DEMS being able to keep the facade that the economy was good for the mbase just pointing to GDP and the stock market. Just another of a long list of reasons to be very skeptical or just plain ignore the usual media sources.
Big Blitz Posted September 6 Posted September 6 Just a total disaster of an economy. And they’ve been lying about it. 1
Tommy Callahan Posted September 6 Posted September 6 Wtf. You can't trust the media or these federal agencies. With the BS numbers then revised down the next month. Not accounting for almost 800k jobs the last year. Just like Biden. They lied about the economy non stop. 1
RiotAct Posted September 6 Posted September 6 dumb question probably, but… does that “lost their jobs” # include people retiring or voluntarily switching jobs?
SectionC3 Posted September 6 Author Posted September 6 5 hours ago, rusty shackleford said: There is literally no opinion on the expectations for today's highly anticipated August 2024 jobs report. The article just gives opinions on how Trump vs Harris economic policies could impact the economy post election. It does mention the Wednesday jobs survey was not positive; an early indicator for what today's report might show. And the article is based upon a GS report. So there you go. 1
rusty shackleford Posted September 6 Posted September 6 30 minutes ago, SectionC3 said: And the article is based upon a GS report. So there you go. Yes, the article you linked to quoted a Goldman Sachs analyst. The content did not discuss the lowered expectations for the August 2024 jobs report, which is what you were saying was a hoax. The actual jobs report today aligned exactly to the updated expectations of lower results (142k vs 160k) Maybe you linked the wrong article? 1
SectionC3 Posted September 6 Author Posted September 6 2 minutes ago, rusty shackleford said: Yes, the article you linked to quoted a Goldman Sachs analyst. The content did not discuss the lowered expectations for the August 2024 jobs report, which is what you were saying was a hoax. The actual jobs report today aligned exactly to the updated expectations of lower results (142k vs 160k) Maybe you linked the wrong article? Nope. The article is about future economic performance. GS prefers Harris to trump. Why? Because we live in a global economy, we’re never going back, and trump has a litany of stupid protectionist ideas that only tax the American consumer. 1
rusty shackleford Posted September 6 Posted September 6 13 minutes ago, SectionC3 said: Nope. The article is about future economic performance. GS prefers Harris to trump. Why? Because we live in a global economy, we’re never going back, and trump has a litany of stupid protectionist ideas that only tax the American consumer. Then why would you cite it as a source to disagree with the lowered expectations for last month's jobs figures. If you believe the analyst's opinions, you could have just made the argument that job creation will get worse in the future instead of try to claim prior month's figures as a "hoax" (and they most likely are wrong by ~25% inflated). 1
T master Posted September 6 Posted September 6 On 12/8/2023 at 7:42 PM, SectionC3 said: Lots created under the Biden administration. Market is going up. Inflation forecasts going down. Looks pretty good to me. So good that MAGA has yet to come up with a marginally believable hoax as to why it’s bad. Well the latest jobs out look isn't nearly as peachy as you were making it sound when you posted this, you may need to go back & reevaluate this statement . 1
SectionC3 Posted September 6 Author Posted September 6 1 hour ago, rusty shackleford said: Then why would you cite it as a source to disagree with the lowered expectations for last month's jobs figures. If you believe the analyst's opinions, you could have just made the argument that job creation will get worse in the future instead of try to claim prior month's figures as a "hoax" (and they most likely are wrong by ~25% inflated). I didn’t cite it as a “source” or cite it at all or even reference it relative to jobs figures. This is a thread that has morphed into a discussion of the competing economic policies and potential of the two major party candidates. It’s a nice place to note that Goldman Sachs, perhaps the greatest collection of capitalists on earth, prefers four years of Harris to four years of Trump. 51 minutes ago, T master said: Well the latest jobs out look isn't nearly as peachy as you were making it sound when you posted this, you may need to go back & reevaluate this statement . Maybe you should call the folks at GS and see if they want to switch things up a bit. Just tell them you support the Don and I’m sure they’ll tell Alec Phillips to get on the phone and chat with you.
ScotSHO Posted September 6 Posted September 6 Libtards are the biggest collection of losers. Case in point - the spinning done here. 4 MOAR YEERS!
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