J Grant
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Will it be booming by midterms?
Did you recommend that folks vote democrat when the market boomed under Biden?
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Stock market is down
- Thread starter Zoe
- Start date
Did you recommend that folks vote democrat when the market boomed under Biden?
Tom D
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Zoe
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Many economist think bringing back manufacturing jobs will lower USA wages. Biden created tons of jobs after the pandemic. Trump shut the economy down in the pandemic. You are not impressing me Tom.
Zoe
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I am looking for the silver lining for the mortgage market. I just don't see it. I don't see it for the stock market either. I don't see it for inflation. Maybe it is hidden in the stars and I just can't see it.
Zoe
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My fear is these countries have the power to cripple us in a trade war. You have some really big local players that are not happy. It is going to hurt. Walmart is one biggest players we have and they are not happy campers on the trade war.
Carnivore
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In other news The US added 228,000 jobs in March, far more than expected, as the US economy shook off the blow from the Trump administration's deep cuts to federal workers. The figure was up from an adjusted 117,000 jobs added in February. Unemployment rose slightly to 4.2%.
sputnam
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There will be one of three outcomes of the tariffs depending on the nation. 1- The nation will reduce or remove its tariffs on US products. That's a win for everyone. 2- The nation will not remove or reduce tariffs and rational businessmen will move production to the US or, if they don't, goods from that country will become more costly. That's a win for the US. 3- A nation might, really its leaders, might decide that they are a bigger dog than the US and begin a trade war. That would be bad.. but likely short term. The US is by far the largest market in the world. Other nations need access to US markets more than the US needs access to their markets.
Zoe
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Tell me Sir why people are dumping stocks.
Carnivore
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That is interesting about increasing the number of jobs will bring down wages. I am really having a hard time understanding that, I do know that using simple math that if you have a 100 job openings and there are 110 applicants . The applicants are competing so they will take less pay to get the job. OTOH If there if we flip that 110 110 jobs and 100 applicants, they will all get more pay because of a undersupply.
That's very simplified supply demand way of looking at it.
But you also said "Many economist" Many doesn't mean ALL economist. It begs the question: I wonder what the othe economist are saying?
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