Highest consumer spending this year was in March, meanwhile payroll numbers are revised down 800k for March. Extremely bullish signal, nice alert gey bear.
SilverVikingTT on
100% rate cut in September ???
Capable_Wait09 on
So I never had a job after all. Damn explains a lot
jellothrow on
Yet wr are green. America baby
kadlekaai on
Ah, so the BLS just found out about all the black jobs that the mexicans stole?
slappythechunk on
Permabears in the Bargaining stage rn
No_Imagination_3149 on
It’s as if the entire system is fraudulent and there’s no accountability
Aern on
Where do I post the it’s happening memes?
Euroblob on
bullish
isthisreallife2016 on
Tell me how to feel
trigrhappy on
I called it back in Feb that this would happen, and that the revision would be huge. When the party in power needs a talking point in a presidential election year, trust govt figures like you would gas station sushi in Nevada.
This is especially true if the economy is a perceived electoral liability for the party in power. Just like they were saying the economy would return to normal in June of 2020 under Trump… this administration is claiming the economy and job growth is strong under Biden.
Special-Economy3030 on
Stocks jump on talks of rate cuts, when the cuts finally arrive the market will sell off. 😂
LaykeTaco on
Market is hanging on SPY 560 like a sticky booger.
Local-Low-7142 on
Someone explain to me what these numbers mean?
sirzoop on
much better than expected. i thought people were saying it was supposed to be -1.1m?
CholetisCanon on
So, better than expected.
Historical-Cattle-15 on
let’s see if the fed is still data dependent
korbysore on
i am guessing this is not good
izzytheasian on
March 2024 meaning March 2023 – March 2024 so does this even matter?
Silvatungdevil on
Anyone who follows the jobs numbers closely knew this was coming. I believe they revised eleven out of twelve months of 2023 lower in the months following their release. Then they continued that bullshit into 2024. That is impossible from a statistics point of view.
Now here we are ~90 days out from the election and the theme is going to be “we need big rate cuts”. What a coincidence.
notyourregularninja on
Water under the bridge and only strengthened the interest rate push
BradyReas on
Does this mean I don’t have to work today or what
ImTheButtPuncher on
OP added the 🚨s in the title so you know it’s super important
iGunslinger on
That is more than the entire population of some states. Thanos snapped and poof.
BlckhorseACR on
Anyone surprised?
Pitiful_Difficulty_3 on
Fed rate cuts.75 stonks shoot over the roof
Maynguene on
Im too regarded to understand what this means can someone pls explain
Melodic-Scheme8794 on
BlackRock and the banks are working clockwork to artificially pump the markets. Once this elections bs ends, a holly grail blood bath will start.
BlindSquirrelValue on
Was already priced in in March. So who cares?
Mindless-Pollution-7 on
Is this a normal thing to have them revised and by this much?
herrrrrr on
818k is just fraud and corruption not a accounting error.
FookinFightinIrish on
Bitch ass Biden administration is *fuckiiinnnn junnnkkkk*
40 Comments
a 0.5% revision?
they took our jobs!
And what do you know, it was priced in
Gay bears in shambles
I wish I had a chef as good as the BLS.
Market takes a day to react
Regard.
It just says -818. That’s nothing!Â
Highest consumer spending this year was in March, meanwhile payroll numbers are revised down 800k for March. Extremely bullish signal, nice alert gey bear.
100% rate cut in September ???
So I never had a job after all. Damn explains a lot
Yet wr are green. America baby
Ah, so the BLS just found out about all the black jobs that the mexicans stole?
Permabears in the Bargaining stage rn
It’s as if the entire system is fraudulent and there’s no accountability
Where do I post the it’s happening memes?
bullish
Tell me how to feel
I called it back in Feb that this would happen, and that the revision would be huge. When the party in power needs a talking point in a presidential election year, trust govt figures like you would gas station sushi in Nevada.
This is especially true if the economy is a perceived electoral liability for the party in power. Just like they were saying the economy would return to normal in June of 2020 under Trump… this administration is claiming the economy and job growth is strong under Biden.
Stocks jump on talks of rate cuts, when the cuts finally arrive the market will sell off. 😂
Market is hanging on SPY 560 like a sticky booger.
Someone explain to me what these numbers mean?
much better than expected. i thought people were saying it was supposed to be -1.1m?
So, better than expected.
let’s see if the fed is still data dependent
i am guessing this is not good
March 2024 meaning March 2023 – March 2024 so does this even matter?
Anyone who follows the jobs numbers closely knew this was coming. I believe they revised eleven out of twelve months of 2023 lower in the months following their release. Then they continued that bullshit into 2024. That is impossible from a statistics point of view.
Now here we are ~90 days out from the election and the theme is going to be “we need big rate cuts”. What a coincidence.
Water under the bridge and only strengthened the interest rate push
Does this mean I don’t have to work today or what
OP added the 🚨s in the title so you know it’s super important
That is more than the entire population of some states. Thanos snapped and poof.
Anyone surprised?
Fed rate cuts.75 stonks shoot over the roof
Im too regarded to understand what this means can someone pls explain
BlackRock and the banks are working clockwork to artificially pump the markets. Once this elections bs ends, a holly grail blood bath will start.
Was already priced in in March. So who cares?
Is this a normal thing to have them revised and by this much?
818k is just fraud and corruption not a accounting error.
Bitch ass Biden administration is *fuckiiinnnn junnnkkkk*
Trump 2024.
Truly priced in, apparently