Anonymous wrote:It’s not a recession, it’s just a “quiet time in the labor market.”

The spin is ridiculous. Our economy is in recession because we are so "successful" with AI? LOL, no.

I was rewatching that TV show "Succession" and struck by a lot of the similarities. The scene where the oldest son tells the TV executives to just make up the numbers and the guy's like "I can't do that. Numbers are numbers."

If you don't report the numbers, then they aren't bad.

TRUMP: This is the greatest economy of all time

ALSO TRUMP: If the Fed doesn't juice the economy right now I am going to fire everyone's asses

Anonymous wrote:US Trade deficit surged 25% because of tariffs.

That is....not good.

The number reported today show that th trade deficit went down by 5.1%. Bu tthat isn't the win MAGA wants it to be. It shows a reduction in imports as a result of tariffs. It doesn't mean that there was an increase in exports or an increase in domestic production. Combined this with inflation caused by tariffs and it isn't the rosy picture Trump et al would have you believe.

"U.S. imports in August declined to $340.4 billion, a 5.1% decline compared with July, while exports rose by 0.1% to $280.8 billion."

https://www.wsj.com/economy/trade/trade-deficit-declined-in-august-delayed-figures-show-dc6c58e1?mod=trade_news_article_pos1

Anonymous wrote:US Trade deficit surged 25% because of tariffs.

That is....not good.

Wasn’t the trade deficit the very “emergency” that brought on the tariffs in the first place?

US Trade deficit surged 25% because of tariffs.

That is....not good.

Anonymous wrote:It’s not a recession, it’s just a “quiet time in the labor market.”

So the idea is to replace junior employees with AI to fill in for the more mundane and routine tasks, and then what do you do when your senior employees with all of the subject matter expertise and institutional knowledge retire, who do you replace them with? You don't have any junior employees who you've trained to replace them because you used AI. This kind of thinking will cause businesses to fail.

It’s not a recession, it’s just a “quiet time in the labor market.”

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Golden Shower age - we're all being peed on and told it's raining.

BLS has releases this week.

And retailer earnings reports.

They'd better be very very good or Trump is toast. I doubt they will be that great.

Anonymous wrote:

Anonymous wrote:

Golden Shower age - we're all being peed on and told it's raining.

BLS has releases this week.

Anonymous wrote:Dow keeps on arollin’

How are you feeling now?