2 Year Recession Watch Remains On High Alert

Breaking News
Monster Jobs Report
ADP reports 271,000 jobs for December almost 100,000 more than Wall Street consensus. We get the government number tomorrow which could be different but this is huge news about the economy. pic.twitter.com/gu8jCVAuHb

— Charles V Payne (@cvpayne) January 3, 2019

20 Replies to “2 Year Recession Watch Remains On High Alert”

MAGA! Good for our cousins south of the 49th.

Too bad we have a prime minister that is taking Canada in the opposite direction.

B A Deplorable Rupertslander says:

January 3, 2019 at 7:38 pm

MAGA? Don’t you know who’s really responsible for all that prosperity? It sure ain’t Trump! (Yeah, sure, Barry…..)

As for Prinz Dummkopf, we here in (post-national, sharia-compliant, gender-balanced, carbon-neutral Soros vassal built on stolen indigenous land) Canada have to take the opposite direction, because we don’t want to be seen as Americans, now, do we?

So I guess the fed isnt part of the “deep state” (lolololol) and made the right decision?

Shamrock says:

January 3, 2019 at 7:42 pm

Just when I thought you couldn’t outdo your stupid comments and assumptions, you manage to overperform your in(s)anity.
1. Really Spamsucks says:
  
  January 3, 2019 at 8:57 pm
  
  Go be a bullie on another site, all responses are welcomed wether wrong or right
A Canadian says:

January 3, 2019 at 7:48 pm

That number would be even higher had the Fed not tightened.
tim in vermont says:

January 3, 2019 at 9:00 pm

You are right. The fed is about the “real economy” and if this market selloff leads to a bear market, it will be the first time that a hot economy selloff didn’t lead to new highs within two years. Investors in the stock market are all addicted to cable news. Therefore, they aren’t rational.
1. Allan s says:
  
  January 3, 2019 at 9:03 pm
  
  Tim gets it: the stock market isnt an economic indicator.
2. roaddog says:
  
  January 4, 2019 at 12:18 am
  
  Tim, can you give me a read on what you consider the “real economy?” Have a blessed and Happy New Year, sir.
  1. old white guy says:
    
    January 4, 2019 at 6:17 am
    
    roaddog 4 trillion in fiat, unsupported by productivity, money went into the market during Obama’s two terms. all that QE went into the stock and bond market it was all fake. that 4 trillion was just given back over the last couple of months. now the FED is attempting to control the market to destroy Trump’s economic efforts. Tell me, just why do you think interest rates stayed at zero while Obama was in office and have been raised 8 times since Trump was elected, a quarter point at a time?

The Democrats have the House…. Trump destroys them if the Market TANKS, and it will… He just stands Pat & lets the Cockroaches spin NANCY….She will be the lead story for the MSM until 2020… Spin… Spin all losers

In a related story … the US Stock Market has cratered since the Demoncraps were swept back into control of the House of Rep’s. Let’s recap:

– Donald Trump is elected, and the economy BOOMS! The stock market BOOMS! Setting record high after record high !!

– Demoncraps retake the House (and have the power to STOP, if not IMPEACH Trump), and the stock market CRATERS !! Worst December losses in the history of the market.

… but you’ll say Tariffs! The Fed!! and China!! Oh my! But you’ll be WRONG. The market is in the shitter, because the Trump pro business, pro worker, pro Main Street policies are now going to be blocked. Nancy is cock-blocking Trump … and the whole country, nay, the whole WORLD is going to suffer. The FIRST (half) Black President was a HORROR SHOW for America … and the SECOND term of Nancy as Speaker is gearing up to be THE WORST CHAPTER in American Political History. Resist and Destroy … who wants to INVEST in THAT future? I didn’t, I went ALL cash before the Nov. election … because this time I DID believe the Demoncraps would “win”. And that it would unleash a shit show deluxe. Here it comes Americans. YOUR Democrap RESIST Party.

B A Deplorable Rupertslander says:

January 3, 2019 at 8:45 pm

Don’t forget that Jerome Powell’s threats to raise interest rates will continue sinking the markets. As well, if I understand things correctly, Apple wants to move its iPhone manufacturing facilities from China to India, which will knock Xi between the horns.

But, it’s all Trump’s fault, isn’t it?
1. A Canadian says:
  
  January 3, 2019 at 9:37 pm
  
  That’s been the plan since the inauguration.
  
  Obama’s failure to reform the economy and improve living standards for people who worked for a living was papered over with near-zero interest rates.
  
  Trump is to be removed by jacking interest rates back up and forcing an austerity for which Trump will be blamed.
Nancy Ross says:

January 3, 2019 at 9:20 pm

@ 824
Sean Hannity said that the Dems’ dream of impeachment is “never, never, never” going to happen. (3 nevers) The Dems are wasting their time on that one.

Check out tonights show at 22:00 Pacific within the first 15 minutes at the top of the hour.

We all know that the proper way to fight inflation is to keep wages down by importing millions of illegals who work without legal protections. It’s Econ 101!

That chart is a positive thing but it is not much on context. I’ll just leave this here:
Charting the labor market: Data from the Current Population Survey (CPS)
December 7, 2018
https://www.bls.gov/web/empsit/cps_charts.pdf

Seems the U.S. took a long time to get over that Cash for Clunkers misstep.