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  1. #337

    Re: Investment/Economy Thread

    Quote Originally Posted by ravenmaniac4life View Post
    Congress should do something about this then, right?

    What are your thoughts?
    hope so LOL





  2. #338
    Join Date
    Mar 2015
    Location
    Pasadena, MD
    Posts
    6,658

    Re: Investment/Economy Thread

    Quote Originally Posted by JAB1985 View Post
    Im not sure either, i certainly dont trust them compared to the BLS.

    At first I just thought it was the difference between monthly and yearly (up 3.4 over the year, but only 1.3 from the previous month), but it specifically said year to year.

    Im thinking theyre using the weekly wages, which actually went down from jan vs the hourly wage which went up. Not sure why they dont correlate, but thats based on their same statistics.
    https://www.bls.gov/news.release/pdf/realer.pdf
    Does the hourly table only track hourly employees, or does it factor in salaried too?

    Sent from my Moto Z (2) using Tapatalk





  3. #339
    Join Date
    Sep 2011
    Posts
    14,811
    Blog Entries
    1

    Re: Investment/Economy Thread

    Quote Originally Posted by Ortizer View Post
    Does the hourly table only track hourly employees, or does it factor in salaried too?

    Sent from my Moto Z (2) using Tapatalk
    says ALL nonfarm employees, so id think its counting both, but i dont see where it specifically says that.
    -JAB





  4. #340

    Re: Investment/Economy Thread






  5. #341

    Re: Investment/Economy Thread

    Quote Originally Posted by WrongBaldy View Post
    According to the CEA, growth is projected to slow to 2.5 percent by 2022 and then decline to 2 percent by 2026.

    So am I supposed to be all doom and gloomy that 3 years from now they project growth to SLOW TO 2.5%??????





  6. #342

    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    According to the CEA, growth is projected to slow to 2.5 percent by 2022 and then decline to 2 percent by 2026.

    So am I supposed to be all doom and gloomy that 3 years from now they project growth to SLOW TO 2.5%??????
    https://www.reuters.com/article/us-u...-idUSKCN1R21UI

    Before the QSS data, economists had expected that GDP growth for the October-December quarter would be cut to between a 2.0 percent and 2.3 percent annualized rate from the 2.6 percent pace reported last month.
    Based on the QSS data, economists at JPMorgan estimated that fourth-quarter GDP could be cut to a 1.8 percent rate when the government publishes its revision next Thursday. According to JPMorgan economist Daniel Silver the revisions to fourth-quarter GDP would be centered around consumer spending and investment in intellectual property products.





  7. #343

    Re: Investment/Economy Thread

    4Q GDP revised down from 2.6% to 2.2%





  8. #344

    Re: Investment/Economy Thread






  9. #345

    Re: Investment/Economy Thread

    nice GDP print last Q





  10. #346

    Re: Investment/Economy Thread

    picked up TQQQ, SOXL, TNA on the dip last few days





  11. #347

    Re: Investment/Economy Thread






  12. #348

    Re: Investment/Economy Thread

    Quote Originally Posted by WrongBaldy View Post
    At least it's selective socialism with a purpose.





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