Market up on strong jobs data.

[SlowSpyder]

Yeah, it's amazing how every single right winger in America now miraculously never got involved in Obama gonna take my guns / Jade Helm / birtherism / employment numbers were faked hysterias. Yep, just amazing considering your hero in chief was the one tweeting all that FUD.

And especially when you're still pushing similar bullshit, like that the proposition that all persons are created equal, or the 14th amendment guarantee of equal protection of the laws, means that everyone is supposed to get a trophy or whatever, but that's the FUD you just keep spreading. I wonder why? It's certainly not because you love America or our Constitution, that's for sure.

Look at some of my old posts you dolt. I was a left leaning voter. But I don't live in a bubble, I call it as I see it, being non partisan is hard for partisan blowhards to understand, you're too far gone in the propaganda.

https://forums.anandtech.com/threads/apologist-in-chief-in-japan.2474262/#post-38252591

https://forums.anandtech.com/thread...ess-youre-a-republican.2482306/#post-38405228

https://forums.anandtech.com/thread...re-the-interview.2413165/page-3#post-37004212

https://forums.anandtech.com/thread...-information-act.2424869/page-5#post-37262124

 

[SlowSpyder]

Taken verbatim from a bookmarked Forbes article that has apparently recently been updated :

https://www.forbes.com/sites/chuckj...president-obamas-last-six-years/#77f7fe6e25ab

2013: 2.302 million
2014: 2.998 millon
2015: 2.713 million
2016: 2.240 million
2017 original: 2.046 million
2017 updated: 2.188 million

Fucking math...

Thank you for correcting your lie you had posted before when you said that 1.7 million jobs were added in 2017. Yes, fucking math indeed.

 

[MomentsofSanity]

Show me where I claimed more jobs were created today then in the past. You're fighting a shadow, something I never said. All I've said is that the economy is booming today under Trump. Is 1.7 million the same as 2.1 million? Yes or no?

What you've said is everything has gotten so much better thanks to Trump. What you are ignoring is it hasn't. Things are improving. They are not improving as well as they were. Most economic numbers have slowed in their growth. The rest are on pretty much the exact same trajectory as they were. GDP for Trump from when he took office is .01% higher than the last ten months of the Obama admin.

Meanwhile the Trump admin has added trillions more to the debt thanks to stimulus which is a huge part of the growth continuation he has seen. Obama did not do that. This is not natural growth that we are seeing and is not sustainable.

 

[fskimospy]

What you've said is everything has gotten so much better thanks to Trump. What you are ignoring is it hasn't. This are improving. They are not improving as well as they were. Most economic numbers have slowed in their growth. The rest are on pretty much the exact same trajectory as they were. GDP for Trump from when he took office is .01% higher than the last ten months of the Obama admin.

.01% higher AFTER engaging in huge fiscal stimulus. It's now possible that the deficit will top $1 trillion in FY18 (it will at least get close). So for all that stimulus his GDP growth is essentially the same as Obama's.

What was the point? (to give money to rich people)

 

[MomentsofSanity]

.01% higher AFTER engaging in huge fiscal stimulus. It's now possible that the deficit will top $1 trillion in FY18 (it will at least get close). So for all that stimulus his GDP growth is essentially the same as Obama's.

What was the point? (to give money to rich people)

Yeah edited that last fact in for emphasis after.

 

[Jhhnn]

What you've said is everything has gotten so much better thanks to Trump. What you are ignoring is it hasn't. Things are improving. They are not improving as well as they were. Most economic numbers have slowed in their growth. The rest are on pretty much the exact same trajectory as they were. GDP for Trump from when he took office is .01% higher than the last ten months of the Obama admin.

Meanwhile the Trump admin has added trillions more to the debt thanks to stimulus which is a huge part of the growth continuation he has seen. Obama did not do that. This is not natural growth that we are seeing and is not sustainable.

We'll see some truly innovative financial products as the looting spree reaches its zenith.

 

[hal2kilo]

WTF?
None of what was posted was supposed to appear. I want the old forum back.

 

[umbrella39]

Thank you for correcting your lie you had posted before when you said that 1.7 million jobs were added in 2017. Yes, fucking math indeed.

Typical lying sack of shit response from a sock puppet cuck... Notice how all the other numbers changed too pussy...

 

[umbrella39]

Again:

2013 Obama Jobs - 2,044,000 --- 2013: 2.302 million
2014 Obama Jobs - 2,553,000 --- 2014: 2.998 millon
2015 Obama Jobs - 2,240,000 --- 2015: 2.713 million
2016 Obama Jobs - 1,959,000 --- 2016: 2.240 million
2017 Trump Jobs - 1,700,000 --- 2017 updated: 2.188 million

The updated numbers make Trump look like an even more innefectual cuck compared to Obama... I can see why you are attached to his nutz...

Fucking math...

 

[SlowSpyder]

.01% higher AFTER engaging in huge fiscal stimulus. It's now possible that the deficit will top $1 trillion in FY18 (it will at least get close). So for all that stimulus his GDP growth is essentially the same as Obama's.

What was the point? (to give money to rich people)

Wait, you care about the deficit now?

 

[fskimospy]

Wait, you care about the deficit now?

Of course, my position on the deficit has always been 100% consistent. Increase the deficit when the economy is bad, lower it when it is good. We are engaging in pro-cyclical economics right now which is a very dumb idea as fiscal multipliers are basically certainly wellllll below 1. We're just pissing money away.

The only silver lining here is that conservatives have proved once again that they were lying when they said they cared about the deficit. From now on any complaints they have about it under Democratic administrations should be entirely ignored.

 

[umbrella39]

More facts, numbers, and their far left leaning liberal bias, fake news:


As of Trump's first year in office, the Dow has risen from 19,827.3 to 25,075.1 -- an increase of 26 percent.

Not as impressive as its performance during the equivalent period under Obama.

Under Obama, the Dow increased from 7,949.1 to 10,572 -- an increase of of 33 percent.

Fucking percentages...

 

[SlowSpyder]

Again:

2013 Obama Jobs - 2,044,000 --- 2013: 2.302 million
2014 Obama Jobs - 2,553,000 --- 2014: 2.998 millon
2015 Obama Jobs - 2,240,000 --- 2015: 2.713 million
2016 Obama Jobs - 1,959,000 --- 2016: 2.240 million
2017 Trump Jobs - 1,700,000 --- 2017 updated: 2.188 million

The updated numbers make Trump look like an even more innefectual cuck compared to Obama... I can see why you are attached to his nutz...

Fucking math...

So 1.7 million is not 2.2 milling. Right? Also, it is probably a lot easier to raise the bar when it is really low than to keep raising the bar when it is already high. Obama had nowhere to go but up, Trump is taking it to the next level.

 

[umbrella39]

So 1.7 million is not 2.2 milling. Right? Also, it is probably a lot easier to raise the bar when it is really low than to keep raising the bar when it is already high. Obama had nowhere to go but up, Trump is taking it to the next level.

Yeah and:

2,044,000 != 2,302,000
2,553,000 != 2,998,000
2,240,000 != 2,713,000
1,959,000 != 2,240,000

You are a dumb fuck but I think you might slowly be understanding math... keep up the good work and we'll continue to throw simple greater than less than numbers and you to decipher!!!

Seriously... tag someone else in already.... This is a bloodbath for you...

 

[SlowSpyder]

More facts, numbers, and their far left leaning liberal bias, fake news:


As of Trump's first year in office, the Dow has risen from 19,827.3 to 25,075.1 -- an increase of 26 percent.

Not as impressive as its performance during the equivalent period under Obama.

Under Obama, the Dow increased from 7,949.1 to 10,572 -- an increase of of 33 percent.

Fucking percentages...

And I've said plainly that I think Obama did a decent job and gets too much flack considering the mess he inherited. Fucking facts. Now Trump is improving things even more and improving some areas that did not do well under Obama, like workforce participation. I know your type can't say Trump is doing something well, but reality is he is continuing the good trends that started under Obama and improving other trends that were not good under Obama.

 

[SlowSpyder]

Yeah and:

2,044,000 != 2,302,000
2,553,000 != 2,998,000
2,240,000 != 2,713,000
1,959,000 != 2,240,000

You are a dumb fuck but I think you might slowly be understanding math... keep up the good work and we'll continue to throw simple greater than less than numbers and you to decipher!!!

Seriously... tag someone else in already.... This is a bloodbath for you...

A bloodbath? Your emotional appeal isn't working here. I don't think you have read the posts I've made, you're fighting things I never said. You plainly posted wrong information at best, lied at worst and were called out for it.

 

[umbrella39]

And I've said plainly that I think Obama did a decent job and gets too much flack considering the mess he inherited. Fucking facts. Now Trump is improving things even more and improving some areas that did not do well under Obama, like workforce participation. I know your type can't say Trump is doing something well, but reality is he is continuing the good trends that started under Obama and improving other trends that were not good under Obama.

I never gave Obama that much credit so bark up another tree... When you post a topic that shows better numbers from Trump than Obama you'll get credit. EXTRA credit if you show the math

However, I DO understand math and you trying to say Trump is improving things when at least as far as employment and the stock market goes during the same time frame in their Presidencies he's not. It's not up for debate.

Trump is keeping things stable until his tax cuts drop the bottom out... You'll feel it harder than most considering your age and your impending if not current dependence on the social safety nets he is insidiously sabotaging... By the time it hurts the Dems will be in power and get the blame. Same shit different century...

 

[umbrella39]

A bloodbath? Your emotional appeal isn't working here. I don't think you have read the posts I've made, you're fighting things I never said. You plainly posted wrong information at best, lied at worst and were called out for it.

Tag someone else in already... I mean it... You are embarrassing this account which isn't saying much since you continually lower the bar you already set... You might want to consider giving this particular account of yours an early retirement and NOT just running away for a year like you always do... Just a suggestion... Until you do you are back on PLONK as this is boring as fuck. If you want me to continue to poke a stick at you you'll have to troll harder and grab another sock from the drawer....

 

[ElFenix]

1.3 trillion dollars in fiscal stimulus grows the economy, who knew?!?

 

[ch33zw1z]

1.3 trillion dollars in fiscal stimulus grows the economy, who knew?!?

No worries, the plebes have kids, they can pay for it. Meanwhile, conservative voters, afflicted with do-as-i-say-not-as-i-do short term memory loss, will blame Democrats years from now while denying these years ever took place.

 

[s0me0nesmind1]

Jobs report is out - and the results are mixed. Didn't meet expectations for number of jobs - but unemployment % went down. Wages were what we expected. Seems like the labor force is starting to tighten.

Lately my Linked-In has been BLOWING UP with WAY more recruiters than I am used to messaging me. Often times I'll get 2-3 a day.

The jobs report is out and it’s mixed.

In September, the U.S. economy added 137,000 jobs while the unemployment rate fell to a new post-crisis low of 3.7%. This is the lowest unemployment rate since December 1969.

Nonfarm payrolls were forecast to rise by 185,000 in September with the unemployment expected to drop to 3.8%, according to estimates from Bloomberg.

Wages were also being closely tracked in Friday’s report and these numbers were in-line with expectations.

Average hourly earnings rose 0.3% over last month in September and 2.8% over the prior year. Economists had been looking for average hourly earnings to rise 0.3% over last month and 2.8% over last year.

This week, markets have been shaken by higher U.S. Treasury yields as the 10-year yield cracked above 3.2% for the first time since 2011 and the 30-year Long Bond hit its highest level in four years.

Following this report, stock futures were mixed and little-changed, while Treasury yields were still near their highs of the week with the 10-year Treasury sitting near 3.21% and the 30-year near 3.37%.

August’s job gains were also revised significantly higher in Friday’s report, with the BLS now estimating the economy created 270,000 jobs in August, 69,000 more than previously estimated. Over the last three months, job gains have averaged 190,000 per month.

https://finance.yahoo.com/news/live-september-jobs-report-2-120312408.html

 

[MooseNSquirrel]

I haven't lied, I've consistently displayed how things are doing well under Trump. I posted a great article that discusses how his policies and changes have directly contributed to our current economic growth (here's one from liberal bastion CNN, even they can't lie about this one). Remember before the election when many on the left said putting Trump in office would destroy the economy? Bottom line is we're arguing over details, the proof is in the pudding. How is Trump doing today, how is our economy doing today? Remember when Obama said 2% is the new norm? He's absolutely dominating and the left has taken a pretty big uppercut that they're still trying to recover from... keep fighting that good fight, we need two strong parties and right now he left is an absolute disaster.

Intelligent? Don't worry about how smart I am, I'm doing fine in life and make good decisions.

Haha. "not lying". Trump actually promised 4 percent GDP growth during the campaign, yet his first year was barely above 2, and 2018 isnt going to hit that target either. The data shows us that inf act, roughly 2% GDP is the new normal. https://data.oecd.org/gdp/real-gdp-forecast.htm

I love Trump supporters. Correlation isnt causation, and a trend line isnt proof of anything but a trend.

Show me an economic study that's peer reviewed which shows which specific policies Trump enacted have impacted the economy.

I think a 4% GDP is great, but very unlikely to be the "new normal". Obama hit 3% 8 times in his Presidency, yet that averaged out to slightly above 2 in the end.

 

[Paul98]

If Obama was still president we would still be hearing about how terrible the economy is and how the numbers are all lies.

 

[Bitek]

For the record I think the economy is basically the same as it was under Obama - fine, but not great. Good jobs growth, bad wage growth.

It is worrying that Trump engaged in such colossal fiscal stimulus without a better effect on jobs or wages though.

This. The economy is clearly not bad, but I don't see where we've really broken out of any structural trends.

---

As far as putting money where you're mouth is, I have heavily weighed my investment accounts towards domestic growth stocks/index funds for quite some time. Since 2009 and I've made a killing. 2017 was good. 2018 was flat until recently.

Now, does that mean I think it's sustainable? Do I think it's due to "OMG Trump Amazballz!".

Nope. I'd say towards end of business/recovery cycle aided by a sugar rush of debt fueled corporate tax cuts being plowed back into the market.


Risks are rising IMO, and I have significant long term concerns. No sign $1T/yr deficits are going away.. so what has to give?

A few quarters are noise on the charts.

 

[Bitek]

Back in 2005/6 Bushies bragged about the real estate market and decried the liberal chicken littles warning of a bubble.

-I cashed out my starter home bubble money and bought a modest condo.
Waited out, resold when RE market stabilized and interest rates nearly bottomed out. New place has appreciated nicely.

In 2009, conservatives freaked out about Obama, deficits, hyperinflation, the destruction of the us economy and rushed to buy gold and survivor seeds.

-I heavily invested in growth stocks non stop.
Gold is down and market is up multiples.

In 2018 a casino bankruptcy veteran and other conservatives are saying $1T structural defcits don't matter, trade wars are easy to win, and we'll see annual 4% GDP growth. We'll be tired of winning.

-hmmm. Watching my investments carefully knowing whenever conservatives start bragging how awesome their guy is, you better watch your wallet