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Jan 4 2019 09:13am
https://finance.yahoo.com/m/66c7e385-bdf9-3443-b158-f12122eda761/massive-312,000-job-gain.html?.tsrc=applewf

Massive 312,000 Job Gain Casts Doubt On Gloom; Dow Jones Rallies

Quote
JED GRAHAM
Investor's Business Daily
January 4, 2019, 9:44 AM EST

A huge 312,000 job gain cast doubt on stock market gloom over the economy, as the Dow Jones looked set to bounce back from Thursday's sell-off.


well while the morons in charge at firms like Apple (who are 100% compromised by China’s central government) and the now lefty/(D) controlled House keep trying to crash economies and the stock market with their foolish actions and rhetoric, the US labor market keeps up its tremendous performance under President Trump B)

inb4 the usual financially and economically illiterate lefty suspects chime in
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Jan 4 2019 09:28am
Quote (excellence @ Jan 4 2019 09:13am)
https://finance.yahoo.com/m/66c7e385-bdf9-3443-b158-f12122eda761/massive-312,000-job-gain.html?.tsrc=applewf

Massive 312,000 Job Gain Casts Doubt On Gloom; Dow Jones Rallies



well while the morons in charge at firms like Apple (who are 100% compromised by China’s central government) and the now lefty/(D) controlled House keep trying to crash economies and the stock market with their foolish actions and rhetoric, the US labor market keeps up its tremendous performance under President Trump B)

inb4 the usual financially and economically illiterate lefty suspects chime in


DJJ closed down -660 last night, im sure a +320 mid day rally isn't all that significant. and if you subtract the 150-180k jobs we need to just replace cyclical loss that 312k job gain isn't that impressive either.

left, right, w/e has little to do with the crash tbh. we're half way though the loaf, the butter's gone, and we need more toast. we stretched the economy out too far to pay off investors with our production and we're fluxing big time into an equilibrium. if we're lucky we'll get a temp rally, really lucky and we'll stagnate in the 22-23k range.

that wont happen tho, trump will blame the dems, dems will blame the trump, and investors will get increasingly more warry until we tumble off all the gains. likely in 200+/- daily jumps to get people even more antsy.

certain stocks sectors still look strong to me in the longrun tho. im sure some people who wen't hard on Fang+apple strategies are really fucking sad. facebook tanked and looks to tank more, possibly fall out of relevancy in terms of investment. apple's a big ass question mark. netflix looking strong still and amazon frankly can not be stopped but might not yield all that strong due to internal investment. and still u see people posting shit like "im gonna invest in amazon, look they're making new headquarters, so they must be doing good."

This post was edited by thesnipa on Jan 4 2019 09:29am
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Jan 4 2019 10:13am
Quote (excellence @ 4 Jan 2019 16:13)
https://finance.yahoo.com/m/66c7e385-bdf9-3443-b158-f12122eda761/massive-312,000-job-gain.html?.tsrc=applewf

Massive 312,000 Job Gain Casts Doubt On Gloom; Dow Jones Rallies



well while the morons in charge at firms like Apple (who are 100% compromised by China’s central government) and the now lefty/(D) controlled House keep trying to crash economies and the stock market with their foolish actions and rhetoric, the US labor market keeps up its tremendous performance under President Trump B)

inb4 the usual financially and economically illiterate lefty suspects chime in


the economy already started showing signs of a downswing before Dems took the House; and it is well known that the labor market lags behind the economy by about ~9 months.
if the labor market is still strong at the end of 2019, then it really was just a correction of inflated, overhyped stocks. but I'm afraid this is not how it's gonna turn out.

----

I'm with snipa on this issue: politics only has limited influence on the large, macro-scale economic cycles. After almost a decade of expansion, the economy was simply ripe for a downturn. Neither Trump nor the Dems are to blame for it. Perhaps Trump's erratic behavior made it worse, but perhaps his tax cuts pushed back the inevitable downturn by another year instead. We dont know, and imho its wasted time to speculate too much about it.

This post was edited by Black XistenZ on Jan 4 2019 10:14am
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Jan 5 2019 11:29pm
Ex-New York Times editor Jill Abramson rips paper's 'unmistakably anti-Trump' bias

Quote
Jill Abramson, the Harvard lecturer who served as the first and only female executive editor of The New York Times from 2011 to 2014, has some harsh words for her former employer in her upcoming book, saying its “unmistakably anti-Trump” agenda risks damaging its credibility.

In “Merchants of Truth: The Business of News and the Fight for Facts,” reviewed by Fox News, Ms. Abramson complains about the unabashed liberal bent taken on by her successor, executive editor Dean Baquet.

“Though Baquet said publicly he didn’t want the Times to be the opposition party, his news pages were unmistakably anti-Trump,” she wrote, according to Fox News. “Some headlines contained raw opinion, as did some of the stories that were labeled as news analysis.”


https://www.washingtontimes.com/news/2019/jan/2/jill-abramson-ex-new-york-times-editor-rips-papers/
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Jan 6 2019 09:57am
https://twitter.com/realDonaldTrump/status/1081935373914259458

>Our GREAT MILITARY has delivered justice for the heroes lost and wounded in the cowardly attack on the USS Cole. We have just killed the leader of that attack, Jamal al-Badawi. Our work against al Qaeda continues. We will never stop in our fight against Radical Islamic Terrorism!

https://www.bbc.com/news/world-middle-east-46776626

Quote

"Our great military has delivered justice for the heroes lost and wounded in the cowardly attack on the USS Cole," Mr Trump tweeted.

US defence officials said a "precision strike" was carried out on Tuesday east of the Yemeni capital, Sanaa.

Badawi was believed killed but that could not be confirmed at the time.

He was convicted of plotting and taking part in the bombing in Yemen in 2004 but escaped from prison in Yemen and, after handing himself in again, was allowed to walk free.

A US grand jury indicted him in 2003 for his role in the bombing, and the FBI offered a reward of up to $5m (£4m) for information leading to his arrest.

This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.
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Jan 6 2019 10:11am
deceitful rat comes clean after historic pressure by President Trump: "I am not a person of color, i am not a citizen of a tribe"

Swamp got cleaneR





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Jan 7 2019 02:45am
"There are people more concerned about being precisely and factually correct than about being morally right."

(c) stupid idiotress cortezio 2018

https://twitter.com/bennyjohnson/status/1082123528009334786
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Jan 7 2019 05:04pm
for the second time in as many years, a dead black male prostitute has been found in Ed Buck's residence in LA:
https://www.latimes.com/local/lanow/la-me-ln-ed-buck-west-hollywood-death-20190107-story.html

the DA had just gotten done giving him a pass on the last dead black escort a few months ago because he was paid up with the right people, major democratic donor in LA after all. The dead guy even had a journal in which he explicitly stated that it was Ed Buck who was giving him drugs and responsible for his downward spiral and that he hoped it didn't end with him dead. And so inconveniently for the DA's office, Ed Buck struck again
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Jan 7 2019 07:03pm
Quote (thesnipa @ Jan 4 2019 09:28am)
DJJ closed down -660 last night, im sure a +320 mid day rally isn't all that significant. and if you subtract the 150-180k jobs we need to just replace cyclical loss that 312k job gain isn't that impressive either.

left, right, w/e has little to do with the crash tbh. we're half way though the loaf, the butter's gone, and we need more toast. we stretched the economy out too far to pay off investors with our production and we're fluxing big time into an equilibrium. if we're lucky we'll get a temp rally, really lucky and we'll stagnate in the 22-23k range.

that wont happen tho, trump will blame the dems, dems will blame the trump, and investors will get increasingly more warry until we tumble off all the gains. likely in 200+/- daily jumps to get people even more antsy.

certain stocks sectors still look strong to me in the longrun tho. im sure some people who wen't hard on Fang+apple strategies are really fucking sad. facebook tanked and looks to tank more, possibly fall out of relevancy in terms of investment. apple's a big ass question mark. netflix looking strong still and amazon frankly can not be stopped but might not yield all that strong due to internal investment. and still u see people posting shit like "im gonna invest in amazon, look they're making new headquarters, so they must be doing good."


Yeah, I've always thought it funny how some people think Amazon is a good place for high-yield, considering their methodology for years and years has been to sacrifice margin to gain market share. Perhaps it will become a good high-yield investment down the road, but with the areas they're expanding into, they're spending a shit ton of cash (Whole Foods and Prime Air are just small examples).
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