U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower And the May and June job numbers have been adjusted down. As of 11:18am today, the Market is down 578 points. Very concerning.
That expectation is the only reason that they market isn't down by considerably more today. "Only" 600 is because they expect him to back off on a lot of this (especially as he already extended everything by another week).
Until you look at the PCE data that was released from Wednesday. It is why you are seeing divergent opinions now. The two mandates are starting to conflict. https://www.reuters.com/world/us/us...e-tariffs-boost-some-goods-prices-2025-07-31/
It’s almost like tariffs that raise prices, cost jobs and lower profits, along with the uncertainty of never knowing what tweet will shake markets and even whole industries from day to day while willingly blowing out the debt at the same time are bad things for the economy. Who knew?
Brilliant! That’s like the doctor telling you that you have cancer, so you solve the problem by firing the doctor.
Don’t worry, just shove some Ivermectin up your rectum and you’ll cure that pesky thing called cancer. I’m honestly shocked the demon semen wack job doctor or Joseph Ladapo haven’t been given jobs in this Trump admin yet.
I mean it kinda runs it self. Sleepy Joe was a weak president, but he runs circles around big gov don when it come to the economy. One didn't do much, the other can't keep his hands outta the cookie jar.
Dude is such a petulant child. What happens after crybaby Don fires the head of BLS and the next report shows more loss? Have them lie or does he bang his head on the floor and hold his breath until he’s darker orange? Who here wants to work for someone like this?
