Doc Holliday said:

---

J.R. said:

---

Doc Holliday said:

---

J.R. said:

---

Doc Holliday said:

---

J.R. said:

---

well, this didn't age well. Stock MKT at all time high, inflation coming down, rate cut tomorrow , lowest unemployment . Figures don't lie, Liars figure. None of this under Trumps watch, btw. Just stating facts.

---

If you want real facts and figures, watch this:



It's obvious you have no idea how the economy truly works.

---

do tell, why is that? Really curious. You should get back to the cube farm as your employer ain't getting their money's worth out of you. Please tell me how I don't know how the economy works. I have an MBA with a concentration in Finance and Economics and have lived in the real world all my career. Do tell fella. Meanwhile all you got is some rando you pulled off the interwebs. Not familiar with this Rando's fine work. Please get a job.

---

The obvious is you thinking a rate cut signals a good thing in this scenario. It doesn't. You also didn't mention job losses and data pointing to a massive increase in layoffs and unemployment.

By the way, you're just some rando…

---

you need a job it appears. Job losses and layoffs occur everyday in a Capitalist society.

---

These losses are due to insane spending and money printing which caused some of the worst inflation we've ever had.

We both use the same dollar and it's being devalued by the feds.

You're trying to make the argument that Biden/Harris have done a good job with the economy which is objectively false.

---

Worst inflation we have ever had? I give you Jimmy Carter with 18% interest rates and much worse inflation, so that is not true.

J.R. said:

---

Doc Holliday said:

---

J.R. said:

---

Doc Holliday said:

---

J.R. said:

---

Doc Holliday said:

---

J.R. said:

---

well, this didn't age well. Stock MKT at all time high, inflation coming down, rate cut tomorrow , lowest unemployment . Figures don't lie, Liars figure. None of this under Trumps watch, btw. Just stating facts.

---

If you want real facts and figures, watch this:



It's obvious you have no idea how the economy truly works.

---

do tell, why is that? Really curious. You should get back to the cube farm as your employer ain't getting their money's worth out of you. Please tell me how I don't know how the economy works. I have an MBA with a concentration in Finance and Economics and have lived in the real world all my career. Do tell fella. Meanwhile all you got is some rando you pulled off the interwebs. Not familiar with this Rando's fine work. Please get a job.

---

The obvious is you thinking a rate cut signals a good thing in this scenario. It doesn't. You also didn't mention job losses and data pointing to a massive increase in layoffs and unemployment.

By the way, you're just some rando…

---

you need a job it appears. Job losses and layoffs occur everyday in a Capitalist society.

---

These losses are due to insane spending and money printing which caused some of the worst inflation we've ever had.

We both use the same dollar and it's being devalued by the feds.

You're trying to make the argument that Biden/Harris have done a good job with the economy which is objectively false.

---

Worst inflation we have ever had? I give you Jimmy Carter with 18% interest rates and much worse inflation, so that is not true.

---

If you adjust current numbers to match how they calculated during Carter years, yes it's worse. We're talking 20-30%

J.R. said:

---

Harrison Bergeron said:

---

Nguyen One Soon said:

---

Would we be getting a large rate cut if the election weren't 7 weeks away. I'm more concerned that gas went up 65 cents per gallon overnight. That being blamed on the pipeline fire?

---

No. The Fed is hoping to juice Wall Street before the election.

The the economy weaking and jobs being shed, I think there is real fear in the Establishment that voters are smart enough to vote with their brains and not 100% buy the propaganda that inflation is low and the economy is amazing.

- The inflation numbers are cooked
- The unemployment numbers are cooked
- The job growth numbers are cooked

The problem is with have the most highly educated electorate full of morons in world history. The average person does not understand basic economics.

---

Again Hank, look at the numbers and facts. Stock market all time high today. Unemployment very low (4.1%)

---

blue collars and week to week families dont care about rich stock market people. High groceries and utility bills dont mean unemployment is high, it means average person has 2 jobs..

This is a clown take for average americans.

If you make under 50-60k does the stock market matter to you? No. Even many Americans making over that don't care. (Some of that is we do a poor job teaching financial literacy in this country) Many families during Covid tapped into retirement accounts so a soaring stock market means zilch with inflation still up. Don't bring up price gouging. Grocery stores run on 5% profit margins. Supply chain still hasn't fully recovered from Covid. There is a reason Wall Street is backing Harris. Both parties always fudge around with the statistics to make it look like they've created a soaring economy for all. The average American family was better off at the start of 2020 and every poll shows this. Doesn't mean Trump wins but it does mean it'll be a tight election until the winner is declared.

J.R. said:

---

KaiBear said:

---

J.R. said:

---

KaiBear said:

---

Harrison Bergeron said:

---

KaiBear said:

---

Harrison Bergeron said:

---

Nguyen One Soon said:

---

Would we be getting a large rate cut if the election weren't 7 weeks away. I'm more concerned that gas went up 65 cents per gallon overnight. That being blamed on the pipeline fire?

---

No. The Fed is hoping to juice Wall Street before the election.

The the economy weaking and jobs being shed, I think there is real fear in the Establishment that voters are smart enough to vote with their brains and not 100% buy the propaganda that inflation is low and the economy is amazing.

- The inflation numbers are cooked
- The unemployment numbers are cooked
- The job growth numbers are cooked

The problem is with have the most highly educated electorate full of morons in world history. The average person does not understand basic economics.

---

The market has already factored in its expectations of a 50 point drop.

Anything less is going to make for a challenging session on Wall Street.

---

And the Fed will put inflation back into overdrive further punishing the deplorable dregs while the Democrat elites continue to get wealthier. They're not even hiding the ball anymore.

---

---

man , you and the rest of your boys on this site really sound like a bunch of dems. Woah is me, the govt needs to help me out. The sky is falling, chicken little Ironic, no?

---

2-4 million unvetted illegals entering the country every year with no end in sight.
100,000 fentanyl deaths annually
Another TRILLION dollars added to the federal deficit ever 100 days


Escalating a proxy war with Russia via US long range missiles.

A BIPARTISAN committee reported a few weeks ago that the US is closer to nuclear war than anytime in its history.

And you want to reward the vice president of this administration with a promotion to Commander in Chief ?

That's a special thought process .

---

stock market at all time high. Unemployment at 4/1%, rates and inflation coming down. hum. Trump had nothing to do with any of that. Much better numbers than he ever had, regardless of his inccessant lying tell people that he had the best economy in the history of the world, blah, blah , blah. I'm not saying it was all Biden created, but numbers don't lie, like Trump.

---

I found this on Snopes....According to the Bureau of Labor Statistics, the country's unemployment rate dropped to 3.5% in fall 2019 the lowest rate in about 50 years, since December 1969.

What's lower, 4.1 or 3.5?????

It's not mild. Expect massive layoffs and a lack of hiring.

The US will enter a mild recession as the economy deflates after its boost from unproductive stimulus cash, former Commerce Secretary has said.

— unusual_whales (@unusual_whales) September 24, 2024

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market https://t.co/NyYVUEQx2q

— The Associated Press (@AP) October 4, 2024

whitetrash said:

---

boognish_bear said:

---

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market https://t.co/NyYVUEQx2q

— The Associated Press (@AP) October 4, 2024

---

How much will that be revised downward on November 6?

---

Well they revised 72,000 jobs upwards for July and August

ScottS said:

---

J.R. said:

---

KaiBear said:

---

J.R. said:

---

KaiBear said:

---

Harrison Bergeron said:

---

KaiBear said:

---

Harrison Bergeron said:

---

Nguyen One Soon said:

---

Would we be getting a large rate cut if the election weren't 7 weeks away. I'm more concerned that gas went up 65 cents per gallon overnight. That being blamed on the pipeline fire?

---

No. The Fed is hoping to juice Wall Street before the election.

The the economy weaking and jobs being shed, I think there is real fear in the Establishment that voters are smart enough to vote with their brains and not 100% buy the propaganda that inflation is low and the economy is amazing.

- The inflation numbers are cooked
- The unemployment numbers are cooked
- The job growth numbers are cooked

The problem is with have the most highly educated electorate full of morons in world history. The average person does not understand basic economics.

---

The market has already factored in its expectations of a 50 point drop.

Anything less is going to make for a challenging session on Wall Street.

---

And the Fed will put inflation back into overdrive further punishing the deplorable dregs while the Democrat elites continue to get wealthier. They're not even hiding the ball anymore.

---

---

man , you and the rest of your boys on this site really sound like a bunch of dems. Woah is me, the govt needs to help me out. The sky is falling, chicken little Ironic, no?

---

2-4 million unvetted illegals entering the country every year with no end in sight.
100,000 fentanyl deaths annually
Another TRILLION dollars added to the federal deficit ever 100 days


Escalating a proxy war with Russia via US long range missiles.

A BIPARTISAN committee reported a few weeks ago that the US is closer to nuclear war than anytime in its history.

And you want to reward the vice president of this administration with a promotion to Commander in Chief ?

That's a special thought process .

---

stock market at all time high. Unemployment at 4/1%, rates and inflation coming down. hum. Trump had nothing to do with any of that. Much better numbers than he ever had, regardless of his inccessant lying tell people that he had the best economy in the history of the world, blah, blah , blah. I'm not saying it was all Biden created, but numbers don't lie, like Trump.

---

I found this on Snopes....According to the Bureau of Labor Statistics, the country's unemployment rate dropped to 3.5% in fall 2019 the lowest rate in about 50 years, since December 1969.

What's lower, 4.1 or 3.5?????

---

The unemployment rate when Trump took office was 4.7%; it was 6.4% when Biden took office. Which is the bigger improvement?

It is a little funny that the S&P is up 8% since OP made this thread

Real wages have declined three years in a row - down almost 40%.

Wealth inequality is skyrocketing under Harris after declining under Trump and skyrocketing under Obama.

Frank Galvin said:

---

ScottS said:

---

J.R. said:

---

KaiBear said:

---

J.R. said:

---

KaiBear said:

---

Harrison Bergeron said:

---

KaiBear said:

---

Harrison Bergeron said:

---

Nguyen One Soon said:

---

Would we be getting a large rate cut if the election weren't 7 weeks away. I'm more concerned that gas went up 65 cents per gallon overnight. That being blamed on the pipeline fire?

---

No. The Fed is hoping to juice Wall Street before the election.

The the economy weaking and jobs being shed, I think there is real fear in the Establishment that voters are smart enough to vote with their brains and not 100% buy the propaganda that inflation is low and the economy is amazing.

- The inflation numbers are cooked
- The unemployment numbers are cooked
- The job growth numbers are cooked

The problem is with have the most highly educated electorate full of morons in world history. The average person does not understand basic economics.

---

The market has already factored in its expectations of a 50 point drop.

Anything less is going to make for a challenging session on Wall Street.

---

And the Fed will put inflation back into overdrive further punishing the deplorable dregs while the Democrat elites continue to get wealthier. They're not even hiding the ball anymore.

---

---

man , you and the rest of your boys on this site really sound like a bunch of dems. Woah is me, the govt needs to help me out. The sky is falling, chicken little Ironic, no?

---

2-4 million unvetted illegals entering the country every year with no end in sight.
100,000 fentanyl deaths annually
Another TRILLION dollars added to the federal deficit ever 100 days


Escalating a proxy war with Russia via US long range missiles.

A BIPARTISAN committee reported a few weeks ago that the US is closer to nuclear war than anytime in its history.

And you want to reward the vice president of this administration with a promotion to Commander in Chief ?

That's a special thought process .

---

stock market at all time high. Unemployment at 4/1%, rates and inflation coming down. hum. Trump had nothing to do with any of that. Much better numbers than he ever had, regardless of his inccessant lying tell people that he had the best economy in the history of the world, blah, blah , blah. I'm not saying it was all Biden created, but numbers don't lie, like Trump.

---

I found this on Snopes....According to the Bureau of Labor Statistics, the country's unemployment rate dropped to 3.5% in fall 2019 the lowest rate in about 50 years, since December 1969.

What's lower, 4.1 or 3.5?????

---

The unemployment rate when Trump took office was 4.7%; it was 6.4% when Biden took office. Which is the bigger improvement?

---

lol, it was that because of govt lock downs, the unemployment rate was artificially inflated. Its easy to bring unemployment down by letting people go back to work. That is all Biden has done is let people go back to work. Biden is getting way too much credit

Frank Galvin said:

---

Doc Holliday said:

---

BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

---

The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

---

Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

Doc Holliday said:

---

Frank Galvin said:

---

Doc Holliday said:

---

BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

---

The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

---

Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

---

i have been prepping for a year..

Not good times for the Canucks

whitetrash said:

---

boognish_bear said:

---

US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market https://t.co/NyYVUEQx2q

— The Associated Press (@AP) October 4, 2024

---

How much will that be revised downward on November 6?

---

Haha. No kidding. The first thing that crossed my mind this morning.

Doc Holliday said:

---

Frank Galvin said:

---

Doc Holliday said:

---

BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

---

The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

---

Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

---

You cry wolf constantly. You may be right once every 15 years or so. Like a broken clock occasionally displays the right time.

Frank Galvin said:

---

Doc Holliday said:

---

Frank Galvin said:

---

Doc Holliday said:

---

BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

---

The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

---

Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

---

You cry wolf constantly. You may be right once every 15 years or so. Like a broken clock occasionally displays the right time.

---

the economy is so good i got to pay 3.89 for a monster yesterday for one of my workers, they used to 2.49 when Trump was in office at the same store.
79-89cent fountain drinks are 1.29 now.

I can name dozens of examples of daily life expenses are now 125-140% of what they were 4 years ago but do go on about how good everything is because your wages went up 3-5%

Real wages are down three years in a row for the first time in history, down almost 40% since Biden took office.

Exactly which is why we have the mess we are in. Those who should care do not care as their investments continue to climb. No one who is elected will ever suggest anything other than helicoptering money.

Aliceinbubbleland said:

---

Exactly which is why we have the mess we are in. Those who should care do not care as their investments continue to climb. No one who is elected will ever suggest anything other than helicoptering money.

---

Yep...both sides of the aisle campaign on being for the needs of the common man...but the politicians on both sides are typically wealthy and have little real motivation to look for solutions that benefit those below the wealthy class.

Income inequality exploded during the Obama Regime, contracted under Trump, and exploded under the Harris Regime.

4th and Inches said:

---

Frank Galvin said:

---

Doc Holliday said:

---

Frank Galvin said:

---

Doc Holliday said:

---

BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

---

The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

---

Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

---

You cry wolf constantly. You may be right once every 15 years or so. Like a broken clock occasionally displays the right time.

---

the economy is so good i got to pay 3.89 for a monster yesterday for one of my workers, they used to 2.49 when Trump was in office at the same store.
79-89cent fountain drinks are 1.29 now.

I can name dozens of examples of daily life expenses are now 125-140% of what they were 4 years ago but do go on about how good everything is because your wages went up 3-5%

---

I got a $4+ large coffee @ a Starbucks on Highway 6 headed to Waco from Houston in September. I had not hit a Starbucks in a while and I needed it to stay awake on the road so money well spent but damn... I had some sticker shock.

whitetrash said:

---

ATL Bear said:

---

Harrison Bergeron said:

---

Frank Galvin said:

---

Harrison Bergeron said:

---

We had a recession in 2020 ... the Orwellian media just redefined the word the mean "cannot happen under a Democrat."

---

In 2020 Donald Trump was president.

---

Caught me. You found a typo. 2021.

---

Well we definitely had a recession in 2020 also.

---

Fauci caused that one, though.

---

A load of nonsense 1 million dead was a real number. overwhelmed hospitals were real. and an incompetent president in 19 and 20 was real. Trump had way more power than Fauci yet obfuscated and blundered his way through the epidemic.
Fantasy Football brings together your favorite players and teams and the numbers are recorded to determine that weeks winner but it not real football played in the crucible of a stadium, It's fantasy, pure fantasy.
You're playing "Fantasy Epidemic" piling up an anti- intellectual/unscientific to create your game and it's nonsense.
Fauci was trying to guide a nation and an obtuse president through a crisis. He is a hero. Trump was only about the politics of covid not crisis itself. He invented "Fantasy Epidemic" and sold you on it. You are way more intelligent than to fall for that silliness. Way more intelligent.

Waco1947 said:

---

whitetrash said:

---

ATL Bear said:

---

Harrison Bergeron said:

---

Frank Galvin said:

---

Harrison Bergeron said:

---

We had a recession in 2020 ... the Orwellian media just redefined the word the mean "cannot happen under a Democrat."

---

In 2020 Donald Trump was president.

---

Caught me. You found a typo. 2021.

---

Well we definitely had a recession in 2020 also.

---

Fauci caused that one, though.

---

A load of nonsense 1 million dead was a real number. overwhelmed hospitals were real. and an incompetent president in 19 and 20 was real. Trump had way more power than Fauci yet obfuscated and blundered his way through the epidemic.
Fantasy Football brings together your favorite players and teams and the numbers are recorded to determine that weeks winner but it not real football played in the crucible of a stadium, It's fantasy, pure fantasy.
You're playing "Fantasy Epidemic" piling up an anti- intellectual/unscientific to create your game and it's nonsense.
Fauci was trying to guide a nation and an obtuse president through a crisis. He is a hero. Trump was only about the politics of covid not crisis itself. He invented "Fantasy Epidemic" and sold you on it. You are way more intelligent than to fall for that silliness. Way more intelligent.

---

nonsense

4th and Inches said:

---

Frank Galvin said:

---

Doc Holliday said:

---

Frank Galvin said:

---

Doc Holliday said:

---

BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

---

The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

---

Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

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You cry wolf constantly. You may be right once every 15 years or so. Like a broken clock occasionally displays the right time.

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the economy is so good i got to pay 3.89 for a monster yesterday for one of my workers, they used to 2.49 when Trump was in office at the same store.
79-89cent fountain drinks are 1.29 now.

I can name dozens of examples of daily life expenses are now 125-140% of what they were 4 years ago but do go on about how good everything is because your wages went up 3-5%

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https://www.poynter.org/reporting-editing/2024/wage-growth-vs-inflation-biden-presidency/

Average wages have outpaced inflation over the last two years and overall versus prepandemic levels. The first two years of Biden's presidency inflation was ahead of wage growth. That is the actual economic data.

Frank Galvin said:

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4th and Inches said:

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Frank Galvin said:

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Doc Holliday said:

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Frank Galvin said:

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Doc Holliday said:

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BREAKING 🩸
$2.9 TRILLION wiped out from stocks this morning due to fears of a global recession.

THE WORST DAY SINCE 2020 COVID CRASH pic.twitter.com/PIRTYxZpBe

— Radar🚨 (@RadarHits) August 2, 2024

BREAKING: The Sahm rule that is designed to signal the start of a recession has officially been triggered.

It reached 0.5%, as in, the three-month moving average of the unemployment rate is now 0.5% above the low in the last 12 months.

— unusual_whales (@unusual_whales) August 2, 2024

BREAKING: The 10-Year Note Yield crashes over 15 basis points after a much weaker than expected July jobs report.

The 10-year note yield yield is now down 55 BASIS POINTS in ONE WEEK.

For the first time since March 2020, bond markets are pricing-in a potential recession. pic.twitter.com/eW9YwEq4oQ

— The Kobeissi Letter (@KobeissiLetter) August 2, 2024

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The S & P that you were so worried about is up over 20% YTD. Unemployment is falling. Labor force participation rate has gone from 61.3% at Biden's inaugatation to 62.7% for the end of August. wage growth continues. Inflation contiues to cool.

But the world is on fire, right?

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Lol, we're already in phase 2 of a global recession.

All global markets went from "the economy is soft and resilient and we have a safe landing" to "holy sh.it, how fast do we need to cut rates?!"

The latest jolts estimate has shown hiring has crashed the second time in three months.

The feds are behind. The real data shows we're facing layoffs and no hiring.
There three major bubbles: housing, equity and credit. Ya'll aren't ready for what's coming.

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You cry wolf constantly. You may be right once every 15 years or so. Like a broken clock occasionally displays the right time.

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the economy is so good i got to pay 3.89 for a monster yesterday for one of my workers, they used to 2.49 when Trump was in office at the same store.
79-89cent fountain drinks are 1.29 now.

I can name dozens of examples of daily life expenses are now 125-140% of what they were 4 years ago but do go on about how good everything is because your wages went up 3-5%

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https://www.poynter.org/reporting-editing/2024/wage-growth-vs-inflation-biden-presidency/

Average wages have outpaced inflation over the last two years and overall versus prepandemic levels. The first two years of Biden's presidency inflation was ahead of wage growth. That is the actual economic data.

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ok..

Want real data? I have renters who arent paying rent.. that didnt happen during covid, that didnt happen in 2008, that didnt happen in 2000 crash.

I have renters who have asked for extra time and pay partials. The renters are the same, the cost of living isnt. My average renter stays 8 years. We have some that have rented from us for over 20. One of those renters paid with coins as part of last months rent. We havent raised rent on many renters since Covid to help keep our high quality renters who are good people who take care of the houses.

That is actual economic data.

My pay suffers because i care more about thos families than my own pocket.

Real wages have declined three years in a row - down almost 40%.

Wealth inequality is skyrocketing under Harris after declining under Trump and skyrocketing under Obama.

Harrison Bergeron said:

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Real wages have declined three years in a row - down almost 40%.

Wealth inequality is skyrocketing under Harris after declining under Trump and skyrocketing under Obama.

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In November 2023, nearly 6 in 10 workers (57 percent) earned higher annual inflation-adjusted wages than the year before, a share higher than its 20172019 pre-pandemic average. The median inflation-adjusted change in workers' hourly earnings was about 45 cents, which translates to a more than $900 annual increase for a worker who works full time, year-round.
Young adult workers who were between ages 25 and 34 in 2019and are now between ages 29 and 38have seen their real median wage rise 12 percent since the onset of the pandemic. The real median wage also grew among cohorts of workers who were ages 35 to 44 and 45 to 54 in 2019.
Real average wage growth for a typical worker has seen the second-fastest recovery during this recession recovery of all five recession recoveries since 1980. Notably, the current economic recovery is the only one in which robust real wage growth has occurred in tandem with a rapid recovery of the unemployment rate.
These results indicate an economy that is delivering historic, broad-based real wage gains for workers while emerging from one of the deepest recessions on record. Policymakers should look to build on this momentum through policies that raise wages and cut costs of living, such as increasing the federal minimum wage, making more workers eligible for overtime pay, and improving the affordability of child care and health care.