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Market Stunned By New Jobs Numbers (Here Are The Details)

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23 Comments

  1. Could it be that people didn't travel, go out to eat, go to theme parks, etc, in 2020 and 2021, and then had that money to use in 2022? Pent up demand for getting out and having fun resulting in the large expenditures in these categories. Not necessarily stimulus checks funding all of this.

  2. Record numbers of over 50's have taken early retirement in UK, Rishi is trying to coax them back to the workforce. People are leaving jobs in droves and focussing on "me" time. The focus is different now globally, people don't want "stuff" they want free time to do as they feel is important at that moment. I guess everybody is thinking along the lines that "well I might be dead tomorrow so what would I do today? – go to the office in a crappy job that doesn't value me? Not on your life" I think the youth in China also have the "let it rot" mentality.

  3. 13:45 Bottom line is the stock market IS NOT the economy!
    The business cycle and the real economy is telling you it can survive better and be more prosperous (Earnings / Dividends) in a low interest rate / debt service environment.
    Long bonds see a lower interest rate and low growth and that's just how it is.

  4. Been at a fulfilment center 13 months and this year no double time during peak just OT pay. Did 60 hr. Work weeks for 9 wks. There's your wage difference right off the top. And/or WAL-MART cutting hrs.?
    WE HAVE TO TALK ABOUT THE NEW HIRES! You talk about a sack of shit with a cell phone and an attitude ! The hiding of their mobile device is more important than the orders? I did some VET ( which bumps me up $5.00 +O.T. Per hr.) and transferred to pack orders cause I figured out early where the moneys at around AMAZON!( Normally count the inventory after the HORRIBLE stowers try to figure out their receiving inventory responsibilities) Spent 5 hrs. Filling orders and wondering how much Verizon is making per hr.? It looked like a G.D. Switchboard from GREEN ACRES!
    Firms looking to hire 10.5 million new workers would do best figuring out how to do without! REALLY SOON!

  5. MARKETS ARE STUNNED THAT HOMEOWNERS COULD LOSE HALF THEIR EQUITY IN 18 MONTHS! or should be.
    You start talking about cutting interest rates with out a full blown panic you will get a much softer dollar than this market anticipates? YOU ARE JUST GRINDING THE LITTLE GUY AND GAL INTO FAIRY DUST AT THIS POINT!
    JUST BECAUSE THE BANKS ARE SITTING IN POWELL'S TREE FORT SAFE AND FULL OF KOOL -AID DOESN'T MEAN THEY DON'T HEAR THE CHAINSAW?

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