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North American economy in retreat

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1 month 3 weeks ago #127712 by Gambler
Gambler replied the topic: North American economy in retreat
Economists expect non-farm payrolls to expand by 250K jobs in July, lower than the 372K seen in the previous month.

Economists are clueless. The number came in at 528k, a booming job market. Int rates going way higher. Probably market tumbles today??

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2 months 2 weeks ago - 2 months 2 weeks ago #127697 by ron
ron replied the topic: North American economy in retreat
Too funny,

Fox News was praying for the June jobs report to be a dud. After strong numbers beat expectations, Fox still called a recession...

Last Edit: 2 months 2 weeks ago by ron.

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3 months 3 weeks ago #127644 by alexgreat
alexgreat replied the topic: North American economy in retreat
The job market slowed in May with 390,000 jobs added. It is the smallest growth rate in a year but still beating expectations

Economists estimaed 325,000 jobs for May.May's number is down from 428,000 jobs added in both March and April

May's number ends the record-breaking streak of 12 straight months in which job growth had topped 400,000

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3 months 3 weeks ago #127636 by alexgreat
alexgreat replied the topic: North American economy in retreat
Great video, the real problem is resource scarcity

Dr. Stephen Leeb "we are going to run out of basic commodities"

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4 months 2 weeks ago #127582 by Gambler
Gambler replied the topic: North American economy in retreat
The U.S. added 428,000 jobs in April and the unemployment remained at 3.6%, according to Bureau of Labor Statistics released this morning. I think that will be viewed as adding inflation pressure

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5 months 1 week ago #127547 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Great interview with Gerald Celente

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5 months 3 weeks ago #127456 by RonS
RonS replied the topic: North American economy in retreat
Gambler, you had the right idea and very close. The number came in at 431K

US Treasuries are already on course to post their worst quarter since at least 1973 after the Fed raised interest rates for the first time since 2018 this month in its attempt to battle inflation, which is running at its highest level in 40 years.

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5 months 3 weeks ago #127450 by Gambler
Gambler replied the topic: North American economy in retreat
Maybe the Fed will keep numbers soft so they can raise rates at a slow pace?
I will go with 440k

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5 months 3 weeks ago #127449 by lynnsa10
lynnsa10 replied the topic: North American economy in retreat
Job numbers today, consensus is 490k my guess is 580k

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6 months 3 weeks ago #127388 by Gambler
Gambler replied the topic: North American economy in retreat
The US added 678,000 jobs in February, outpacing the median estimate of 440,000 payrolls.

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7 months 3 weeks ago - 7 months 3 weeks ago #127340 by ron
ron replied the topic: North American economy in retreat
Too funny,
Up until just *seconds* before the release of the January jobs report, Fox News was giddy with anticipation of massive job loss..


mobile.twitter.com/Craigipedia
Last Edit: 7 months 3 weeks ago by ron.

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7 months 3 weeks ago #127333 by alexgreat
alexgreat replied the topic: North American economy in retreat
job numbers out any minute now

Consensus forecasts from economists anticipate employers only added 150K jobs last month, but some are flagging (much) worse figures. Deutsche Bank sees a gain of 125K, Citigroup sees growth of 70K, while Standard Chartered forecasts a net addition of just 50K. A contraction is also possible, with Capital Economics suggesting that non-farm payrolls may have actually fallen by 200K, Goldman sees a 250K drop,

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