Trumpers can't read, let alone comprehend. |
"Amazing how many stocks were at all time highs just a few weeks ago that are now at 52 week lows and falling" Just name one out of the "many stocks" that was at all time highs and are now at 52 week lows in the past 2 months. |
"The highest closing price for Microsoft (MSFT) all-time was $464.85, on July 5 (2024)" https://www.statmuse.com/money/ask?q=what+is+the+all-time+high+price+of+microsoft+stock |
"Just name one out of the "many stocks" that was at all time highs and are now at 52 week lows in the past 2 months." I thought I was the one that couldn't read? |
Whoa. |
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Expectations were 140,000. The January number was 183,000 and exceeded expectations. https://www.cnbc.com/2025/02/05/private-payrolls-expanded-by-183000-in-january-topping-expectations-adp-says.html?taid=67a3667b92497200012c9d98&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter%7Cmain |
Yeah pissing off Canadians maybe wasn’t the best idea huh…. |
* U.S. JOB CUTS TOTAL 172,017 IN FEBRUARY, HIGHEST SINCE JULY 2020 - CHALLENGER |
Are we winning yet? (and this isn't even getting into the fed's cuts. |
If you were going to write a script for how to crash the US and global economies, what trump is doing is following it to a tee.
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We are winning. BIGLY. Going to the cliff at full speed. My theory is that the current admin wants to alienate every ally, crash economy, then global economy, remove dollar reserve status, and default on US debt. Wipe it clean, and start from scratch and then enter the age of prosperity. Maybe extreme way to do it, but my brain is too small to think why would you rush to recession/depression. I pray global war is not in the program. |
“The Trump administration’s massive federal cuts and swelling feelings of economic uncertainty helped fuel a recession-level spike in layoff plans last month, new data showed Thursday.
US-based employers last month announced plans to slash 172,017 jobs, a 103% increase from January and the highest February total since 2009, according to Challenger, Gray & Christmas’s latest monthly job cuts report released Thursday. It’s the 12th highest monthly total in the 32 years Challenger has been tracking job cuts. The 11 others (four came during the Covid-19 pandemic) all occurred when the US was in a recession, Challenger data shows.” https://www.cnn.com/2025/03/06/economy/us-jobs-report-february-preview/index.html |