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What’s his name?
Byron
Buy the dip, don’t get emotional.
Throwback reference.
Love it.
Hold onto your butts. Trump just fired commish of labor statistics and one of the fed governors just resigned
Ironically this sort of jobs report makes lower interest rates, which he has been pushing for, more likely. Odds of a September rate cut are going up.
I maintain, do not get emotional, buy and hold.
Yeah, I sometime wonder if Trump understands basic economics 101. I can't believe I voted for this moron again.
Wait and see. I like certain things the administration is doing, and dislike others. Economically, John Williams did an interview with WSJ. I’ll link it: https://www.wsj.com/economy/central-banking/transcript-new-york-fed-president-john-williams-discusses-the-economic-outlook-95cbbabf?st=5985uB&reflink=article_copyURL_share.
To summarize, growth is slowing but not collapsing, Inflation, though still slightly elevated, is easing. The labor market is cooling, but still healthy, and if inflation improves, especially after this jobs report, rate cuts are on the table. If tariffs aren’t too egregious, and uncertainty/volatility decline, we may see increased growth next year after a period of growth at a reduced rate this year (around, 1% this year, with a soft landing next year).
I bought a couple hundred k of TLT a couple weeks back, so that’s been a quick win. I also bought some more single names today that I wanted to DCA down on. But yea, my growth names and funds got absolutely hammered.
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