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August 22, 2019
Fewer jobs. however, transportation and warehousing companies created nearly 79,000 more jobs than first reported thanks to a boom in online shopping. same thing that hurts retail workers. the information and financial industries along with government agencies also created more jobs than initially reported. so, how does the government get the number of jobs created which it usually reveals on the first friday of every month? thats jobs day we like to call it. around the middle of the previous mo...
August 22, 2019
A revision. and if you have a turn in the economy, it may not indicate a recession, but it may indicate an inflexion point in terms of the growth that we are experiencing. thats when you get a big revision of this kind. >> lets talk about these inflexion points. the data that guys like you and me look at that do not a recession make or not a strong economy make, theyre kind of there and you have to take them into stock. august we had manufacturing purchasing managers index its called. its some s...
August 22, 2019
History. >> but your analysis of this is wrong, john. donald trump has tweeted about what the problem really is. he said the economys doing really well. the federal reserve can easily make it record setting. the question is being asked, why are we paying much more in interest than germ dismaechl certain other countries. be early for a change, not late. let america win big rather than just win. the narrative the president had is that its all good, but for the federal reserve, not cutting rates as...