The S&P 500, Nasdaq Composite and Dow-30 all rose some 1.5% Friday as a better-than-expected April U.S. jobs report pointed to the American economy avoiding a downturn for the moment. The S&P 500's increase marked the index's ninth straight session of gains – its longest winning streak in more than 20 years. The$S&P 500 Index (.SPX.US)$added 82.53 points (1.5%) to a 5,686.67 f...
$Nasdaq Composite Index (.IXIC.US)$over 170,000 jobs were added yet half the world's concerned about a global recession and most of the top analysts in the United States are concerned about a recession in the United States. you don't increase private sector jobs if you're going into a recession you start cutting non-essential positions to try to grow your bottom line. that would even be more relevant when you have to worry about tariff issues when your top line expenses are increasing and y...
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smoothshoe
:
Onshoring manufacturing because of tariffs plus the trillions in foreign investments is being overlooked. Also, there has been a lack of messaging regarding price elasticities' role in dampening the impact of tariffs on the job market by consumers switching to American made brands.
SKYWalkers
:
the things is, Bessent said he looks at the economic data, and he said he knows the data, but he's seeing beyond the data. the guy is super smart when it comes to finance. either he's lying about coming recession, which the indicators point to, or he has some other indicators, Macdonald's Index, etc, whatever, so I don't want to argue against the economic data, and its interpretation, what I need to know, just like the whole world says tariff is inflationary, I know, but I want to know how Trump is gonna reverse that inflationary pressure, which nobody talks about! it's so frustrating. so I want to know, what is Bessent looking at that's beyond the indicators everyone is looking at? any genius, any gurus? what is it? what are they? what is it that we missed and did not see?
10baggerbamm
OPSKYWalkers
:
Trump is talking about it that's why he needs the big beautiful bill passed because if that's not past it is a massive inflationary pressure put on the consumer if it is passed then you're removing taxes in a lot of sectors for tax on tips low end social security retirees that puts a lot of discretionary money back into the pockets of the people that's how you're able to offset big percentage of inflation from tariffs
FOMC holds rates amid heightened uncertainty: Where will US stocks head next?
🎙️Discussion 1. With the Fed highlighting "elevated uncertainty", are you prioritizing rate projections or near-term economic data for ma Show More
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Mar 20 02:25
FOMC Press Conference, March 19, 2025
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Tonyco : Don't leave out $Aurora Innovation (AUR.US)$ !!
US' first commercial autonomous truck