Trump 47 Economy

Anonymous
Trump's Big beautiful Bill has cancelled over $14 billion dollars in investment in the US with untold follow on economic impact

https://apnews.com/article/climate-clean-energy-investments-trump-solar-wind-349e80c0d9c2cc768e63de9d48813d31
Anonymous
* JPMORGAN CEO JAMIE DIMON SAYS US DEFICIT, DEBT IS A "BIG DEAL" IN FOX NEWS INTERVIEW

* JPMORGAN CEO SAYS BOND MARKET WILL HAVE "TOUGH TIME" BECAUSE OF DEFICIT - FOX NEWS INTERVIEW

* JPMORGAN CEO SAYS US BOND MARKET SPREADS "WILL GAP OUT"



This is all because of W and Trump and now the GOP "Big Beautiful Bill"

Anonymous
Anonymous wrote:* JPMORGAN CEO JAMIE DIMON SAYS US DEFICIT, DEBT IS A "BIG DEAL" IN FOX NEWS INTERVIEW

* JPMORGAN CEO SAYS BOND MARKET WILL HAVE "TOUGH TIME" BECAUSE OF DEFICIT - FOX NEWS INTERVIEW

* JPMORGAN CEO SAYS US BOND MARKET SPREADS "WILL GAP OUT"



This is all because of W and Trump and now the GOP "Big Beautiful Bill"



Which means mortgage rates are staying high.

Eff Trump.
Anonymous
Anonymous wrote:CNBC is really disappointing

https://bsky.app/profile/justinwolfers.bsky.social/post/3lqnd4uosyk2p

That’s Rick Santelli whose rant on CNBC started the original Tea Party movement. /old
Anonymous
Anonymous
Gasoline has come down but my grocery bill has gone up since rump and muck took office.
Anonymous
Lowest private sector job growth in two years,

https://www.foxbusiness.com/economy/private-sector-added-just-37000-jobs-may-lowest-over-2-years-adp-says

Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.

The figure is well below economists’ estimates of 110,000 jobs and down from the prior month’s revised reading of 60,000

professional and business services lost 17,000 jobs during the month, while education and health services lost 13,000 positions. Natural resources and mining lost 5,000 jobs, trade, transportation and utilities lost 4,000, and manufacturing decreased by 3,000."
Anonymous
Anonymous wrote:Lowest private sector job growth in two years,

https://www.foxbusiness.com/economy/private-sector-added-just-37000-jobs-may-lowest-over-2-years-adp-says

Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.

The figure is well below economists’ estimates of 110,000 jobs and down from the prior month’s revised reading of 60,000

professional and business services lost 17,000 jobs during the month, while education and health services lost 13,000 positions. Natural resources and mining lost 5,000 jobs, trade, transportation and utilities lost 4,000, and manufacturing decreased by 3,000."

Yup Trump already out there begging for lower interest rates because that’s all real estate developers care about.
Anonymous
Anonymous wrote:
Anonymous wrote:Lowest private sector job growth in two years,

https://www.foxbusiness.com/economy/private-sector-added-just-37000-jobs-may-lowest-over-2-years-adp-says

Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.

The figure is well below economists’ estimates of 110,000 jobs and down from the prior month’s revised reading of 60,000

professional and business services lost 17,000 jobs during the month, while education and health services lost 13,000 positions. Natural resources and mining lost 5,000 jobs, trade, transportation and utilities lost 4,000, and manufacturing decreased by 3,000."

Yup Trump already out there begging for lower interest rates because that’s all real estate developers care about.


eh well I care about rates because I had to purchase at a high rate and want to refinance. Have a lot of friends looking to buy and rates are still 7%.

Unfortunately, rates are staying high because of Trump, the "big beautiful bill" triggering lower US credit rating, unstable market w/ tariffs, higher treasuries.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Lowest private sector job growth in two years,

https://www.foxbusiness.com/economy/private-sector-added-just-37000-jobs-may-lowest-over-2-years-adp-says

Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.

The figure is well below economists’ estimates of 110,000 jobs and down from the prior month’s revised reading of 60,000

professional and business services lost 17,000 jobs during the month, while education and health services lost 13,000 positions. Natural resources and mining lost 5,000 jobs, trade, transportation and utilities lost 4,000, and manufacturing decreased by 3,000."

Yup Trump already out there begging for lower interest rates because that’s all real estate developers care about.


eh well I care about rates because I had to purchase at a high rate and want to refinance. Have a lot of friends looking to buy and rates are still 7%.

Unfortunately, rates are staying high because of Trump, the "big beautiful bill" triggering lower US credit rating, unstable market w/ tariffs, higher treasuries.

Indeed plus lowering rates will make the inflation that Trump doesn’t give a sh!t about worse.
Anonymous
Anonymous wrote:Gasoline has come down but my grocery bill has gone up since rump and muck took office.


Gas is coming down because the demand is falling - ie the economy is shrinking
Anonymous
When the government starts manipulating numbers the final chapter is written

https://newrepublic.com/post/196109/trump-officials-blocked-portion-report-deficit-agriculture?

Donald is truly destroying our country.
Anonymous
Anonymous wrote:Lowest private sector job growth in two years,

https://www.foxbusiness.com/economy/private-sector-added-just-37000-jobs-may-lowest-over-2-years-adp-says

Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday.

The figure is well below economists’ estimates of 110,000 jobs and down from the prior month’s revised reading of 60,000

professional and business services lost 17,000 jobs during the month, while education and health services lost 13,000 positions. Natural resources and mining lost 5,000 jobs, trade, transportation and utilities lost 4,000, and manufacturing decreased by 3,000."


That’s only about one third (!) of expected jobs. That’s terrible!

Plus groceries continue to rise.
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