- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Jobs number blows out expectations - 528k vs 268k expectation, unemployment falls to 3.5%
Posted on 8/5/22 at 7:37 am
Posted on 8/5/22 at 7:37 am
…and rates shoot upward while futures fall.
A weird recession gets weirder.
A weird recession gets weirder.
12
Posted on 8/5/22 at 7:39 am to slackster
This is fake
Me and like 6 other people are the only ones that still work. Everybody else is on food stamps
Me and like 6 other people are the only ones that still work. Everybody else is on food stamps
Posted on 8/5/22 at 7:46 am to el Gaucho
Yeah good news is bad news and bad news is good news for the markets 
Guess we go lower on good news. Will still be buying and adding to a few of my stocks on the dip but more cautiously especially with history of market in Aug and Sept.
Guess we go lower on good news. Will still be buying and adding to a few of my stocks on the dip but more cautiously especially with history of market in Aug and Sept.This post was edited on 8/5/22 at 7:51 am
Posted on 8/5/22 at 7:47 am to slackster
Clearly, we're not in a recession yet, but this supports a more hawkish Fed.
Traders got a little too optimistic in this recent rally and mispriced the Fed's last comments.
Traders got a little too optimistic in this recent rally and mispriced the Fed's last comments.
Posted on 8/5/22 at 7:48 am to slackster
This could indicate that what the Fed is doing isn't working yet. Futures seem to think the Fed might need to get more aggressive.
Posted on 8/5/22 at 7:49 am to JimMorrison
Yeah I was in the camp of a bad number means recession is now and the rebound is pulled forward. A blowout number like this means recession is still ahead of us and the rebound gets a littler further out.
Posted on 8/5/22 at 7:56 am to slackster
quote:
Yeah I was in the camp of a bad number means recession is now and the rebound is pulled forward. A blowout number like this means recession is still ahead of us and the rebound gets a littler further out.
Agree
Posted on 8/5/22 at 8:05 am to slackster
I don’t know why y’all think the stock market is gonna do anything besides crash 2 months before your expected retirement date
Posted on 8/5/22 at 8:31 am to slackster
That shows you how many businesses were forced to close because the government forced them to during covid lockdowns. That’s the real number this represents.
Posted on 8/5/22 at 9:05 am to FLObserver
quote:
Guess we go lower on good news.
Yep. LOL
Market is scared now that feds will have to keep up with the aggressive rate increases
Posted on 8/5/22 at 9:09 am to notiger1997
“but, muh pivot”
-fintwit
-fintwit
Posted on 8/5/22 at 1:00 pm to slackster
quote:
Robert Luther
@RobertLutherFL
· 4h
Replying to @cvpayne and @PressSec
how is it possible we “added” 528,000 jobs, but 136,000 fewer are employed than in May?
quote:
Charles V Payne
@cvpayne
·
3h
Household Survey
Full Time -71,000
Part Time +384,000
Multiple Jobs +92,000
Posted on 8/5/22 at 1:23 pm to TigerTatorTots
Numbers are being fudged. I still say we don't see the hit until winter or early next year
Posted on 8/5/22 at 1:25 pm to TigerTatorTots
Labor particpation took 400k out of the work force
Posted on 8/5/22 at 2:11 pm to slackster
Since Mid-March the Initial Jobless Claims have risen fairly steadily most weeks. With this last week being no different and the Labor Force Participation Rate trending downward since March as well, either the Unemployment numbers are bullshite or an increasing amount of people are simply giving up looking for a job and hopping on the welfare wagon (or possibly some combination of the two, working multiple part-time jobs, etc).
Posted on 8/5/22 at 4:02 pm to slackster
I got a 2nd job for the summer for extra cash. Just quit
Posted on 8/5/22 at 4:41 pm to slackster
Getting a strong sense that the Fed is using old paradigms to define the inflation problem.
Stay tuned for the future Harvard whitepaper that will explain why the emerging factors of:
2020-21 Supply chain stop / start
China (world's manufacturer) Covid lock downs into 2022
Great resignation
Virtualization of workplace
Et al
Are out-foxing the Fed's prognostication tools and likely using inflation-mitigation tools that are too blunt.
Hunch
Stay tuned for the future Harvard whitepaper that will explain why the emerging factors of:
2020-21 Supply chain stop / start
China (world's manufacturer) Covid lock downs into 2022
Great resignation
Virtualization of workplace
Et al
Are out-foxing the Fed's prognostication tools and likely using inflation-mitigation tools that are too blunt.
Hunch
Posted on 8/5/22 at 5:20 pm to Turf Taint
quote:
Getting a strong sense that the Fed is using old paradigms to define the inflation problem.
Just not sure what the fed can do to reopen China and its production. Until then supply will continue to be low and all they can do is reign in the money supply to depress demand.
The supply siders from yesteryear are having a potential moment. Still odd to me biden has not removed the tariffs remaining from Trump.
This post was edited on 8/5/22 at 9:41 pm
Posted on 8/5/22 at 5:22 pm to ned nederlander
quote:
Just not sure what the fed can do to reopen China and its production.
China is done as a major US supplier and will continue to disconnect. Geopolitics will end it completely sooner or later.
Posted on 8/5/22 at 6:46 pm to tiggerthetooth
Well when the extra jobs are taking because more people are worming multiple and the labor participation rate removes those who are no longer even looking for a job numbers will look different
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News