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News & Current Events Discuss The U.S. labor market keeps crushing expectations at the General Forum; Originally Posted by Dog Man It's called Instant Market Optimism. That is why the futures went down 800+ points when ...

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Old 04-11-2017, 10:15 AM
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Default Re: The U.S. labor market keeps crushing expectations

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Originally Posted by Dog Man View Post
It's called Instant Market Optimism. That is why the futures went down 800+ points when they thought Hillary was going to win, and instantly gained 800+ points when they realized Trump won.
Dow futures plunge 750 points as Trump takes key battleground states - MarketWatch

The Dow futures were looking pretty bad when the market realized Turmp would win, not how you described it. It eventually recover from the shock, but no, Trump's victory didn't cause the futures hit +800
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Old 04-11-2017, 01:45 PM
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Default Re: The U.S. labor market keeps crushing expectations

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Originally Posted by WallyWager View Post
Dow futures plunge 750 points as Trump takes key battleground states - MarketWatch

The Dow futures were looking pretty bad when the market realized Turmp would win, not how you described it. It eventually recover from the shock, but no, Trump's victory didn't cause the futures hit +800
What a flipping crock.

If the futures looked bad when it looked like Trump was going to win, then WHY, pray tell, did the Market itself skyrocket on November 9th. Geesh!

And "eventually"? What's "eventually" about? Eventually was what, 3 hours?

Come on WW, give some credit where credit is due.
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Old 04-11-2017, 03:11 PM
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Default Re: The U.S. labor market keeps crushing expectations

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Originally Posted by WallyWager View Post
Dow futures plunge 750 points as Trump takes key battleground states - MarketWatch

The Dow futures were looking pretty bad when the market realized Turmp would win, not how you described it. It eventually recover from the shock, but no, Trump's victory didn't cause the futures hit +800
Read the headline in two sentences. Dow markets plunge 750 points.
Trump taking key battle ground states. The market plunged long before Trump started gaining ground on Hillary. It was after Trump took a commanding lead that the Dow went the other way.
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Old 04-11-2017, 03:58 PM
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Post Re: The U.S. labor market keeps crushing expectations

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Originally Posted by FrancSevin View Post
You are a real piece of work.
....
Proving my charge once again,,,; you read to respond not to understand.
A piece of bias crap you are. A despicable and dishonest poster Here for all to view.
I really appreciate your heart-felt opinion of me.
Some posters on here go for personal attacks left and right. But you make sure you are above that, don't you.



If you want to talk about dishonesty, I recommend you revisit this thread where you and another poster threw out some ridiculously b.s. accusations that you didn't have the honesty to own up to when your lies were exposed.


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Originally Posted by FrancSevin View Post
With fair minded honesty, I put the blame/onus on Trump and your call is;
"What we really have here ladies and gentlemen is people on the right SCREAMING that Trump deserves credit for the numbers that came out in February."
Distorting without disproving anything I posted. Which was from the same source as you used. I guarantee you didn't go past the title of the piece which was hardly kind to GW Bush. If I was a terrible rightie, I would not have chosen it. But I did because it was honest work from the same source you yourself use. The Center For Economic Policy research.
The Stock Bubble Created the Budget Surplus: Not Bill Clinton's Tax and Spending Policies | Beat the Press | Blogs | Publications | The Center for Economic and Policy Research
First off, I’ve used CEPR once about 8 months ago. I actually had to do a search to find that occasion because off-hand in reading your response I had no idea what you were talking about regarding “same source you yourself use”…
And people should understand that just because a source says something once that is agreeable doesn’t equate to a blind endorsement of everything that source has ever or will ever say.

Second, you need to read my words to understand where I was referencing your explicit statement and general statements from the posters on the right on this forum.
You, individually, are not “people on the right”. I would have thought that understanding would have been plain.

Third, your comment regarding “ I put the blame/onus on Trump” is honestly not what I understood from your previous words.
You said: “President Trump cannot take credit for the current job boost.”. And on this, I would agree.
From my perspective, I don’t know a justification for saying he is culpable for the last numbers.

But when I talk about other Republican positions where Republicans have sought to give him quick praise for the last couple months job growth? It’s entirely justifiable to point out that if they give him credit for some of January and February’s numbers, then they must also give him blame for March.
I actually think we're in agreement on this point regarding consistency...
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Last edited by foundit66; 04-11-2017 at 04:04 PM..
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Old 04-11-2017, 05:22 PM
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Default Re: The U.S. labor market keeps crushing expectations

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Originally Posted by Dog Man View Post
Read the headline in two sentences. Dow markets plunge 750 points.
Trump taking key battle ground states. The market plunged long before Trump started gaining ground on Hillary. It was after Trump took a commanding lead that the Dow went the other way.
That story was posted when Trump was gaining ground.

Also it wasn't +800 after he won or the day after.
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Old 04-11-2017, 08:05 PM
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Default Re: The U.S. labor market keeps crushing expectations

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Originally Posted by WallyWager View Post
The job market has been healthily growing for the past few years without a sign of a sudden reverse in trends.
Really?

I suppose it depends upon the metric that one prefers.

The final employment rate (not unemployment), in December 2016, showed a participation rate, of those of working age, of just 62.6 percent; or about five out of every eight. That leaves about three out of eight working-age people unemployed.

This is really a much more telling metric than the official unemployment rate, which, of course, does not take into account discouraged workers, who are no longer looking for jobs.
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