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Let us be thankful for the new economic numbers. Doom off!

 
KnotHead
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User ID: 78229182
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12/06/2019 05:10 PM

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Let us be thankful for the new economic numbers. Doom off!
From today's Adam Ford newsletter:

Major, major economic numbers

The November jobs report was released this morning, and it's a hoo-boy-er.

The U.S. economy added 266,000 jobs 9 ( [link to disrn.us20.list-manage.com (secure)] in November, smashing economists' expectations of 187,000 and turning in the best jobs growth number since January 2019.

Unemployment dropped to 3.5%, matching 2019's low — which was the lowest rate since 1969 — and beating economists' expectations of 3.6%.

These are really, really good numbers, especially while supposedly sliding down the backside of a rally into an inevitable correction.

Any of you follow Jim Cramer? Or did you, especially back during the Great Recession? Does "THEY KNOW NOTHING!" ( [link to disrn.us20.list-manage.com (secure)] mean anything to any of you? (This was when he called the recession before it happened in a major TV freakout.)

Anyway, he's a famous financial pundit. He chimed in with a doozy of an interview this morning. [link to disrn.us20.list-manage.com (secure)]

He's no Trump slappy — he's just a financial guy, a stock market guy. And he really knows what he's talking about.

Here are some choice quotes from his interview:

"People don't want to say good things, and this is the best number I've ever seen in my life!"

"It has to go up, Joe, because when we win the trade war — which you know we're going to win now, because we have the better numbers — then they're going to have to put jobs here. That's what they're going to have to do. We're not even talking about that yet. In the end the Chinese are going to have to put jobs here. The president can walk away from the table with this number."

"You and I both know — 50 years, OK, now I'm 64. You can't contradict that these are the best numbers of our lives. You can't!"

"I don't see inflation, I don't see recession. 50 years ago that number was a curse. Now it's a blessing."

"You know something, Joe? It doesn't matter whether you hate [Trump] or like him, these are real numbers."



BTW-You can sign up for the Adam Ford Newsletter at [link to mailchi.mp (secure)]
“We don’t heal in isolation, but in community.” --S. Kelley Harrell

“And those who were seen dancing were thought to be insane by those who could not hear the music.” --Nietzsche

"Above all, never give up. Never, never, never give up. The only time you will be a failure is if you quit trying. Only losers quit. The biggest losers in the world are quitters. Winners keep on going. So whatever you do, never give up." --Donald J. Trump

"God is reality. You need to be disconnected from reality to assume this world is an accident, and there is nothing special about it." --Anonymous Conservative

"When you think of others instead of yourself, you can do anything." --Thomas Wictor
KnotHead  (OP)

User ID: 78229182
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12/06/2019 05:46 PM

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Re: Let us be thankful for the new economic numbers. Doom off!
[link to youtu.be (secure)]

“We don’t heal in isolation, but in community.” --S. Kelley Harrell

“And those who were seen dancing were thought to be insane by those who could not hear the music.” --Nietzsche

"Above all, never give up. Never, never, never give up. The only time you will be a failure is if you quit trying. Only losers quit. The biggest losers in the world are quitters. Winners keep on going. So whatever you do, never give up." --Donald J. Trump

"God is reality. You need to be disconnected from reality to assume this world is an accident, and there is nothing special about it." --Anonymous Conservative

"When you think of others instead of yourself, you can do anything." --Thomas Wictor
KnotHead  (OP)

User ID: 78229182
Canada
12/06/2019 05:48 PM

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Re: Let us be thankful for the new economic numbers. Doom off!
 Quoting: KnotHead


In the end the Chinese are going to have to put jobs here.
“We don’t heal in isolation, but in community.” --S. Kelley Harrell

“And those who were seen dancing were thought to be insane by those who could not hear the music.” --Nietzsche

"Above all, never give up. Never, never, never give up. The only time you will be a failure is if you quit trying. Only losers quit. The biggest losers in the world are quitters. Winners keep on going. So whatever you do, never give up." --Donald J. Trump

"God is reality. You need to be disconnected from reality to assume this world is an accident, and there is nothing special about it." --Anonymous Conservative

"When you think of others instead of yourself, you can do anything." --Thomas Wictor
Anonymous Coward
User ID: 37092001
United States
12/06/2019 05:49 PM
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Re: Let us be thankful for the new economic numbers. Doom off!
You must be a noob. The NFP numbers are fake, they always have been.





GLP