General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe Dow is down this morning....
In the 100 point range. Who knows in a few hours. Not a good start to the trading week despite Economic fears that the GDP is for casted to be lower than predicted for 2019 of barely 2% growth, when Trump promised 4% growth.....
[link:http:// https://www.cnn.com/2019/10/07/economy/economists-gdp-expectations-nabe/index.html|
Guy Whitey Corngood
(26,501 posts)Johnny2X2X
(19,066 posts)Despite what they pretended, the jobs report of 136K new jobs was bad. Wages actually fell as did hours per work week. The rate falling was just noise, the trend for job creation is a bad one.
Demsrule86
(68,586 posts)Johnny2X2X
(19,066 posts)I'm getting a full point off my previous rate, closing costs are worth it.
Demsrule86
(68,586 posts)I did a streamline...cheap and quick.
gab13by13
(21,360 posts)4, 5, 6% GDP growth.
Demsrule86
(68,586 posts)And this weekend the Union sent a letter to the rank and file saying negotiations took a step backwards...I would expect GM stock to begin dropping seriously this week.
ProudMNDemocrat
(16,786 posts)Demsrule86
(68,586 posts)ProudMNDemocrat
(16,786 posts)Economists are getting nervous.
This is also affecting the NASDAQ and S&P
Left-face
(59 posts)He could make a wad of used toilet paper resurrect itself into the mightiest sequia tree in the history of biology and his base would eat it up and make claims that democrats are solely responsible for the destruction of every tree in the entire world. Too bad someone doesn't convince Trump that consuming arsenic on a daily basis will make your pecker grow bigger.
ProudMNDemocrat
(16,786 posts)For an erection that lasts more than 7 minutes.
Johnny2X2X
(19,066 posts)3rd quarter GDP slowed.
philf99
(238 posts)The economy isn't good for ordinary people only working well for the very rich.
onenote
(42,714 posts)You would think folks would have learned by now not to make assumptions about the market.