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"New Fed Communications Agency" explains in detail: Why hasn't the US economy declined yet?
Well-known financial journalist Nick Timiraos, also known as the "new Fed communication agency," wrote in his latest article on Friday that to date, the unanimous expectation of corporate executives, economists, and investors that the US economy would decline has not materialized. Of course, although those who predicted a recession in the US economy were wrong before, it does not mean that they will not eventually be correct. Timiraos believes that the recession in the US economy caused by the COVID-19 pandemic four years ago was fundamentally unusual, and that the subsequent introduction of radical policy measures was the fundamental reason for the remarkable resilience of the US economy to date. Prospects for the Fed.
US stocks closed | Non-farm employment was hit hard and interest rate expectations fell, with all three major indexes falling collectively. Gamestop plummeted nearly 40%.
After the US employment report, US bond yields rose more than 10 basis points; the US dollar index, which had approached its two-month low, rose sharply and hit a new high in more than a week; offshore renminbi fell 180 points and lost 7.26. Bitcoin dropped more than $3,000, approaching the $72,000 mark in intraday trading.
Market Pulls Back Friday After Strong May Jobs Data | Market Story
As a general recap, the market was in decline Friday and the indexes were mixed following jobs data that was much higher than expected. Just after 10:30 AM EST, the $S&P 500 Index(.SPX.US)$ traded -0.
Roaring Kitty Stream LIVE NOW : Link
$GameStop(GME.US)$ soared 47% Thursday after Keith Gill scheduled his first livestream in three years for noon on Friday. Investors can watch the live stream hosted by a community member from the moom
Jobs Are Too Hot, Market Flatter, Eyes on Kitty | Herd on Wall Street
Morning mooers! It is Friday, June 7th, the market is lower after jobs data came in too high from the month of May.
Tonight, the non-farm payroll night is coming! The market is betting on a rate cut, will the Federal Reserve act ahead of time?
The job market may slow down.
Randy Dabney : This is amazing!!!
73670591 : The numbers don’t add up (all lies)
Wakaoz : Well…It’s Friday!!!
Kathryn Loiseau : my lucky day and I didn’t even know it until I just saw the market report.Kat
104431502 :
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