Bump when these numbers move

Motown Spartan wrote:

Robert J Sakimano wrote:Big Gretch rockin' some numbers.



Caution: Mainstream Media Link

bump.

But Bob Psaki-mano, she severely missed on the Toyota project a few months ago....

that's devastating news for her re-election campaign.

Robert J Sakimano wrote: America is a stupid country.

You forgot: "Sincerely, Your Democrat Party"

And you also forgot: "bump"

bump

Motown Spartan wrote:

Republican or Democrat. Anyone that correlates stock market performance with the presidency is a fucking moron.

Sincerely,

Herbert Hoover

Motown Spartan wrote:

Robert J Sakimano wrote:Big Gretch rockin' some numbers.



Caution: Mainstream Media Link

bump.

But Bob Psaki-mano, she severely missed on the Toyota project a few months ago....

This is /s, right?

Robert J Sakimano wrote:

Motown Spartan wrote:

Republican or Democrat. Anyone that correlates stock market performance with the presidency is a fucking moron.

America is a stupid country.

You’ve done what he said no one should do roughly 763 times in this thread

Travis of the Cosmos wrote:

Robert J Sakimano wrote: America is a stupid country.

You’ve done what he said no one should do roughly 763 times in this thread

what did I do? or not do?

Correlate the stock market with the President. Hell the whole thread is built on that premise

Travis of the Cosmos wrote:Correlate the stock market with the President. Hell the whole thread is built on that premise

I just thought it was about posting numbers and saying "bump" after posting the numbers.

Cameron wrote:

Robert J Sakimano wrote:
well, people are stupid.

if you don't believe me, just look around and see what 'people' got us.

Oh, I certainly don't disagree that people are stupid. I think we may just differ in our appraisals of which people fall under that umbrella.

Trapper Gus wrote:

Motown Spartan wrote:

But Bob Psaki-mano, she severely missed on the Toyota project a few months ago....

This is /s, right?

Correct. I believe it was RQA that started a thread about it.

https://www.axios.com/stock-market-2022-worst-start-year-ever-73c15533-b443-4290-8693-c215df7a44ab.html

bump

New York (CNN Business)The US economic recovery from the depths of the Covid pandemic continued strong last year.

US gross domestic product -- the broadest measure of economic activity -- expanded 5.7% last year, the fastest pace since 1984 when Ronald Reagan was in the White House, the Bureau of Economic Analysis reported Thursday.

Caution: Mainstream Media Link

bump

Robert J Sakimano wrote:

New York (CNN Business)The US economic recovery from the depths of the Covid pandemic continued strong last year.

US gross domestic product -- the broadest measure of economic activity -- expanded 5.7% last year, the fastest pace since 1984 when Ronald Reagan was in the White House, the Bureau of Economic Analysis reported Thursday.

Caution: Mainstream Media Link

bump

Well, yeah...considering the economy was basically shut down for part of 2020, I would hope it would grow fast in 2021.

Motown Spartan wrote:

Robert J Sakimano wrote:

Caution: Mainstream Media Link

bump

Well, yeah...considering the economy was basically shut down for part of 2020, I would hope it would grow fast in 2021.

Joe Biden is a great American.

Motown Spartan wrote:

Robert J Sakimano wrote:

Caution: Mainstream Media Link

bump

Well, yeah...considering the economy was basically shut down for part of 2020, I would hope it would grow fast in 2021.

It recovered most of the way by the end of 2020, huge GDP drop in the 2020 2nd quarter, huge recovery 2020 in 3rd & 4th quarters, though a small part of this growth is due to recovery most of it is due to the passage of the Covid Recovery Act which increased demand for goods beyond where they would have been if they had remained on trend from 2019 ...

Riden with Biden has created be best year in the last 40 years .... and 40 years ago it was coming out of stagflation ....

bump

Dow +560
NASDAQ +417

BUMP

kingstonlake wrote:Dow +560
NASDAQ +417

BUMP

The big boys have rotated their money into stocks which will do well for the next period of the market at bargain prices.

bump

U.S. Added 467,000 Jobs in January

Caution: Mainstream Media Link

bump.

Robert J Sakimano wrote:

U.S. Added 467,000 Jobs in January

Caution: Mainstream Media Link

bump.

This should also go under “Biden’s Crushing it”.

DWags wrote:

Robert J Sakimano wrote:

Caution: Mainstream Media Link

bump.

This should also go under “Biden’s Crushing it”.

good point..

I'll go make them sad.

Robert J Sakimano wrote:

DWags wrote:

This should also go under “Biden’s Crushing it”.

good point..

I'll go make them sad.

Please add he also just cut the head of isis off. They got nothing now.

DWags wrote:

Robert J Sakimano wrote: good point..

I'll go make them sad.

Please add he also just cut the head of isis off. They got nothing now.

I don't know.. I guess grocery store shelves are empty???

which is odd, 'cause I spent $140 yesterday at the Lake Lansing Meijer and found everything on my list.

Should have bumped this yesterday for the positive report on jobless claims but was just to focued on the expected drop in the new job numbers ...

Guess this just shows how hard it is to anticipate what is happening in the economy these days ...

Job numbers way higher than expected for January

Total nonfarm payroll employment rose by 467,000 in January, and the unemployment rate was little changed at 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment growth continued in leisure and hospitality, in professional and business services, in retail trade, and in transportation and warehousing.

I am becoming convinced that Trump embedded his people in the BLS as they are doing their best to hide good numbers and highlight lower numbers.

It took some digging to find the revisions for November and December.  This is what was said, way down at the bottom of the report, "the over-the-month employment change for November and December 2021 combined is 709,000 higher than previously reported"

That is a huge number, and they totally changed the formatting of their report to hide it as much as possible.  It is typically broken out by month, and in the charts that still can be done.

So, revision by month since last month's report:

November: From 249,000, reported in January, to 647,000 new jobs, an increase of 398,000 jobs not reported before.

December: From 199,000, reported in January, to 510,000 new jobs, an increase of 311,000 jobs not reported before.

The Biden economy, if we are to call it that, is creating jobs at a very high rate, but the BLS and the MSM are hiding that fact, for some reason.

https://www.bls.gov/news.release/empsit.nr0.htm

bumpety, bumpety, bump.

Come on Bob, enforce the rules ...

BUMP

Preliminary Q4 nonfarm productivity rose by 6.6% on an annualized basis, versus expectations of a 3.9% rise, and following the favorably-revised 5.0% drop seen in Q3. Unit labor costs increased by 0.3%, well below forecasts of a 1.0% rise. The figure slowed sharply from Q3's 9.3% surge in unit labor costs which were revised positively from a previously-reported jump of 9.6%.

So, workers are much more productive, meaning it costs less for businesses to supply customers, yet prices keep rising. It is pretty clear that corporations are price gouging, probably due to their monopoly like control of the markets due the changes Reagan and the Republicans did to anti-trust back in the 1980's.

bump

Trapper Gus wrote:Come on Bob, enforce the rules ...

BUMP

Bob not enforcing the rules is devastating news for the Biden Administration.

sincerely,

the mainstream media

(bump)

Robert J Sakimano wrote:

DWags wrote:

Please add he also just cut the head of isis off. They got nothing now.

I don't know.. I guess grocery store shelves are empty???

which is odd, 'cause I spent $140 yesterday at the Lake Lansing Meijer and found everything on my list.

My local Meijer was out of the 1.75L bottles of Jack Daniels today. It was very distressing, I nearly decided to block traffic at the nearest intersection in protest.

Cameron wrote:

Robert J Sakimano wrote:I don't know.. I guess grocery store shelves are empty???

which is odd, 'cause I spent $140 yesterday at the Lake Lansing Meijer and found everything on my list.

My local Meijer was out of the 1.75L bottles of Jack Daniels today. It was very distressing, I nearly decided to block traffic at the nearest intersection in protest.

you would've been well within your rights.

I used to be a Jack guy.. last year or so, been more of a Beam guy.

I'm blaming Joe Biden and communism.

My Meijer was out of
Spaghetti O's
Tyson boneless buffalo chx wings
Starbucks cafe Verona
Juice boxes (all flavors all brands)
My deodorant is $5.69 (it was $3.79 in 2018) don't ask me why I remember. I just do lol.

The labor force participation rate also rose solidly to 62.2% from December's unrevised 61.9% figure, where it was expected to remain.

bump

The major indices just went positive after a rough start due to inflation numbers.

I'm just here to remind you that Joe Biden is a great American and that he drives insecure, fragile white people absolutely insane makes me happy.

Bump.

Realtime Inequality provides the first timely statistics on how economic growth is distributed across groups. When new growth numbers come out each quarter, we show how each income and wealth group benefits. Controlling for price inflation, average national income per adult in the United States increased by 7.6% in 2021, and average income for the bottom 50% grew by 11.7%. National income is similar to GDP (which grew slightly less in 2021) and a better indicator of income earned by US residents.

https://realtimeinequality.org/

bump

https://www.axios.com/omicron-job-jitters-recede-higher-income-workers-3fa9ec60-8cb6-4cb1-b41d-4ca75d6e10cc.html\\

bump

In total, 1,476,000 Americans were collecting jobless aid the week that ended Feb. 5, a decrease of about 112,000 from the previous week and the lowest level since March 14, 1970, the government said.

https://apnews.com/article/coronavirus-pandemic-business-health-unemployment-jobless-claims-aea70c27cbaebdb732cf7426e37a5b58

BUMP!!!

The second look (of three) at Q4 Gross Domestic Product, the broadest measure of economic output, showed a quarter-over-quarter (q/q) annualized rate of expansion of 7.0%, revised from the first release's 6.9% figure ...

bump

The elevated geopolitical dynamics overshadowed a continued strong Q4 earnings season, which is poised to post the fourth-straight quarter of above 30.0% year-over-year (y/y) growth, and a mostly positive economic calendar, which showed manufacturing and service sector growth accelerated more than expected for this month, while jobless claims moderated more than anticipated.

Detailed Market Talk

BLS Jobs Report wrote:Total nonfarm payroll employment rose by 678,000 in February, and the unemployment rate edged down to 3.8 percent, the U.S. Bureau of Labor Statistics reported today.

Job growth was widespread, led by gains in leisure and hospitality, professional and business services, health care, and construction.

The labor force participation rate, at 62.3 percent in February, changed little over the month. The employment-population ratio edged up to 59.9 percent.

The change in total nonfarm payroll employment for December was revised up by 78,000, from +510,000 to +588,000, and the change for January was revised up by 14,000, from +467,000 to +481,000. With these revisions, employment in December and January combined is 92,000 higher than previously reported.

Link to BLS Press Release on Jobs

bumpety bumpety bump

*ADP Report: January Total Revised to 509,000 Jobs Added From 301,000 Jobs Lost

LOL - So that's an 800,000 jobs correction.

bump

you left out some very important numbers from that report. I'll start. Labor participation rate and the unployment rate have basically returned to pre pandemic levels.

Now your turn.