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More good news from Trump's economy

Bullseye

Bullseye

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As WSJ reports

Larger companies tend to pay more than small firms, and they are handing out bigger raises. Businesses with 500 to 999 employees boosted wages in the first quarter by an average of 5.3% from a year earlier, according to the Moody’s analysis. That compared with a 4.1% average pay increase at companies with fewer than 50 employees.
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As the job market tightens, some small firms are experimenting with new ways of recruiting. Judy Briggs, owner of a cleaning business in Boston with seven employees, has hired three people since she began providing bonuses for referrals in November. Workers can earn $100 if a new recruit stays 30 days, plus $250 after 90 days and $500 after one year.
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More great news for everyone in the United States.
The Trump administration has our economy running on
all cylinders! If you want a job today there is one waiting for you.
 
The probability of a recession in the next two years “would be extremely high,” Gundlach said. “Twelve months I’d give you a recession probability that’s 50-50. Next six months I’d probably have it down at 30%.”

Gundlach, whose Los Angeles-based firm oversaw more than $130 billion as of the end of March, also said:

The odds of a Fed rate cut in the next 12 months are about 70%.
The Fed is now “policy fluid” under Chairman Jerome Powell, who has repeatedly changed his comments about plans for interest-rate changes.
The economy has been growing largely because of a debt scheme as the U.S. increases spending and fuels deficits beyond expansion in output.
The bond market is “extremely exposed” to a downturn in the U.S. dollar, because some foreign buyers have been purchasing Treasuries without currency hedges.
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Source: Gundlach Says Weakness Appearing in U.S. Economic Indicators

I think he's right on the money, Jeffrey Gundlach, this debt fueled growth will come to bite us in the *** once the next recession hits. Which is right around the corner. Workers should spend that small percentage increase in wages wisely before they get laid off en masse in the next looming major recession.
 
TrueScotsman said:
Source: Gundlach Says Weakness Appearing in U.S. Economic Indicators

I think he's right on the money, Jeffrey Gundlach, this debt fueled growth will come to bite us in the *** once the next recession hits. Which is right around the corner. Workers should spend that small percentage increase in wages wisely before they get laid off en masse in the next looming major recession.
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If you do some research, you will find Gundlach has said a lot of things that didn't come true....

On March 9, 2011, Gundlach was quoted on CNBC that "Munis Are The New Subprime." "You’ve got a history of low defaults, which is comforting. But that kind of sounds like what subprime sounded like back in 2006," Gundlach said. Gundlach pointed out that even if defaults do not ultimately climb as high as critics like Meredith Whitney have warned, muni bonds will likely trade much lower. "Between here and the end game, lies the valley. And the valley is full of fear. I think the muni market is going to go down by at least, on the long end, something like 15 and 20 percent," he said.[9]

On March 10, 2011, Gundlach reportedly liquidated 55 percent of his personal holdings in municipal bonds.[10] However, the decline he predicted did not occur and on the same day as his liquidation, the Bond Buyer Index closed at 106.151904, with this index closing at 119.886063 on December 30, 2011, the last day of trading in 2011, equivalent to an improvement of +12.9%. The index closed at 129.99416 on December 31, 2012.[11]

At the time, Gundlach also stated: "Nobody owns California general obligation bonds because they think it's an improving credit story," he said, drawing chuckles from the audience.[10]

However, since March 2011, the ratings of California General Obligation bonds improved from A- to AA- by Standard and Poors and from A1 to Aa3 by Moody's.[12]
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Jeffrey Gundlach - Wikipedia

You're welcome. ;)
 
2-Wage-Growth-for-First-13-Months-of-Presidency.jpg

To his credit, he could be on target to match Obama's wage growth.
 
TrueScotsman said:
He's also predicted a few things, which is not easy to do. Probably knows way more than anyone here, you especially.
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Everyone can predict anything on any given day.
Your point?

Never mind. I think I've heard enough :spin: for one day.
 
TrueScotsman said:
Source: Gundlach Says Weakness Appearing in U.S. Economic Indicators

I think he's right on the money, Jeffrey Gundlach, this debt fueled growth will come to bite us in the *** once the next recession hits. Which is right around the corner. Workers should spend that small percentage increase in wages wisely before they get laid off en masse in the next looming major recession.
Click to expand...
Ever since Trump won the election in 2016, one "award winning" economics wizard after another has predicted an imminent recession, starting with the dreaded Paul Krugman, but it seems that, though you wouldn't know it to listen to the Democrats and the MSM, President Trump continues winning and the economy continues growing.

Yet when nothing negative comes to pass, all we hear in the "I Was Wrong" Department is the chirping of crickets.

This proud Trump voter has faith in his president, who has, given the relentless attacks and obstruction emanating non-stop from the hate- filled Democrats, accomplished more positives in a little over two years than his predecessor, with the bulk of the media acting as his ultra-fanatical cheerleaders, managed in eight.

Sent from my moto e5 play using Tapatalk
 
Bullseye said:
As WSJ reports
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This is great news! Farmers who have lost their farms and their homes, farm equipment manufactering, sales and service employees who have lost their jobs and the 23,000 people who lost their jobs at AT&T can now find work at local dry clearners. Such a deal!
 
Risky Thicket said:
This is great news! Farmers who have lost their farms and their homes, farm equipment manufactering, sales and service employees who have lost their jobs and the 23,000 people who lost their jobs at AT&T can now find work at local dry clearners. Such a deal!
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People lose jobs and get hired somewhere else all the time. That how it works. If you're going to be unemployed, now is one of the best times ever to find a new job.
 
trixare4kids said:
Good things happening for our country. Everyone should be 'liking' the above.

I swear some appear to be hoping the economy fails so they can blame Trump. :doh smh
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Unfortunately, for so many of our left-leaning friends the discussion always end with "Trump" and not what is good for the country or its people. It's as if the left doesn't WANT Americans to have good jobs and a prosperous future; maybe because that will make them less dependent on the governing class's beneficence and paternalist direction; they fear people making the decisions the rulers want to make for them.
 
Bullseye said:
Unfortunately, for so many of our left-leaning friends the discussion always end with "Trump" and not what is good for the country or its people. It's as if the left doesn't WANT Americans to have good jobs and a prosperous future; maybe because that will make them less dependent on the governing class's beneficence and paternalist direction; they fear people making the decisions the rulers want to make for them.
Click to expand...
It also demonstrates that We, The People made the right choice in November 2016 by electing Trump, and the Democrats, the mainstream media and all the other useful idiots who have since been suffering from TDS, rather than acknowledge this, will do anything to undermine this excellent president's unbroken string of accomplishments.

Sent from my moto e5 play using Tapatalk
 
Bullseye said:
As WSJ reports
Click to expand...

You can only stimulate economic growth via deficit spending and deregulation for so long. Eventually, the bill comes due, and once more it will be the working classes who pay the price, while corporations and the rich will be comfortably insulated. How long will the workers of America tolerate this fundamental inequality? Not much longer.
 
Bullseye said:
Unfortunately, for so many of our left-leaning friends the discussion always end with "Trump" and not what is good for the country or its people. It's as if the left doesn't WANT Americans to have good jobs and a prosperous future; maybe because that will make them less dependent on the governing class's beneficence and paternalist direction; they fear people making the decisions the rulers want to make for them.
Click to expand...

Your policies have not created prosperous futures. You expect working Americans to be impressed by the same trickle down theories which have failed time and again to bring wealth to the poor. You have not given anyone a prosperous future. You have sacrificed the future, to give the illusion of success today.
 
Harv said:
Ever since Trump won the election in 2016, one "award winning" economics wizard after another has predicted an imminent recession, starting with the dreaded Paul Krugman, but it seems that, though you wouldn't know it to listen to the Democrats and the MSM, President Trump continues winning and the economy continues growing.

Yet when nothing negative comes to pass, all we hear in the "I Was Wrong" Department is the chirping of crickets.

This proud Trump voter has faith in his president, who has, given the relentless attacks and obstruction emanating non-stop from the hate- filled Democrats, accomplished more positives in a little over two years than his predecessor, with the bulk of the media acting as his ultra-fanatical cheerleaders, managed in eight.

Sent from my moto e5 play using Tapatalk
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Nice sermon.
 
trixare4kids said:
Everyone can predict anything on any given day.
Your point?

Never mind. I think I've heard enough :spin: for one day.
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Sounds good, I don't estimate too many enjoy conversing with you.
 
Irredentist said:
Your policies have not created prosperous futures. You expect working Americans to be impressed by the same trickle down theories which have failed time and again to bring wealth to the poor. You have not given anyone a prosperous future. You have sacrificed the future, to give the illusion of success today.
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Yaaawwwnnnn. Congratulations you regurgitated all the classic loony left mantras without including a single rational thought.
 
TrueScotsman said:
Source: Gundlach Says Weakness Appearing in U.S. Economic Indicators

I think he's right on the money, Jeffrey Gundlach, this debt fueled growth will come to bite us in the *** once the next recession hits. Which is right around the corner. Workers should spend that small percentage increase in wages wisely before they get laid off en masse in the next looming major recession.
Click to expand...
It's always good to have a few pessimists voicing concerns - when everyone jumps on the bandwagon the problems arise - think the housing market of the early 2000's or the dot com bubble in the late 1990's. Because Trump is involved there is a built-in pessimist always nattering in the background. Gundlach comes to mind.
 
Bullseye said:
It's always good to have a few pessimists voicing concerns - when everyone jumps on the bandwagon the problems arise - think the housing market of the early 2000's or the dot com bubble in the late 1990's. Because Trump is involved there is a built-in pessimist always nattering in the background. Gundlach comes to mind.
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Wow, actually a thoughtful response from the Right which I agree with. Gundlach is a staunch Capitalist and not at all Leftist, which is why the response to what he said has been so surprising to me. Gundlach I think is stating what is nearly the consensus in the industry, likely a recession in 2020.
 
TrueScotsman said:
Wow, actually a thoughtful response from the Right which I agree with. Gundlach is a staunch Capitalist and not at all Leftist, which is why the response to what he said has been so surprising to me. Gundlach I think is stating what is nearly the consensus in the industry, likely a recession in 2020.
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Here's an economic fact, if you predict a recession often enough eventually you'll be correct. Same is true if you predict an economic boom.
 
Bullseye said:
Unfortunately, for so many of our left-leaning friends the discussion always end with "Trump" and not what is good for the country or its people. It's as if the left doesn't WANT Americans to have good jobs and a prosperous future; maybe because that will make them less dependent on the governing class's beneficence and paternalist direction; they fear people making the decisions the rulers want to make for them.
Click to expand...



This is as close as I can get to nail hammered... I think that's a leftist under there so same thing. :smash:
 
Harv said:
It also demonstrates that We, The People made the right choice in November 2016 by electing Trump, and the Democrats, the mainstream media and all the other useful idiots who have since been suffering from TDS, rather than acknowledge this, will do anything to undermine this excellent president's unbroken string of accomplishments.

Sent from my moto e5 play using Tapatalk
Click to expand...

It's always been about the economy with most people, and that includes me.--- "It's about the economy, stupid". He delivered. I am for my country growing, and it has leaps and bounds!

I didn't vote for him but his economic policies have improved the business climate, and put people back to work and that makes me a big supporter of this president. Plus, his strength to put up with and get through the fake Russian/collusion thing is remarkable. He's a tough leader.

Welcome to the forum, Harv.
 
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