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Rebl2

(16,527 posts)

21. I've seen

Reply to Self Esteem (Reply #5)

Fri Jun 6, 2025, 05:10 PM

Jun 6

In my area a lot of layoffs because we have a lot of federal employees. I have also seen small businesses on local news saying they aren’t able to get merchandise like they were before. Some fear they may have to close. I think the biggest problem is, like I said before, we have/had a lot of federal workers. Also I hear about restaurants closing, but that’s is not unusual around here. There is always another one opening it seems like.

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and why is the DOW up over 500 points??? [View all] a kennedy Jun 6 OP

Project 2025 is ahead of schedule. gab13by13 Jun 6 #1

May employment report wasn't as bad as anticipated eallen Jun 6 #2

I think Rebl2 Jun 6 #4

Maybe. But the economy continues to be resilient. Self Esteem Jun 6 #5

I've seen Rebl2 Jun 6 #21

That's more confirmational bias. Self Esteem Jun 9 #24

Damned if I know; pay no attention. Ocelot II Jun 6 #3

Curious as to whether layoffs have made processing unemployment numbers wonky so that the data is not reliable JT45242 Jun 6 #6

NO. First of all, unemployment claims have zero impact on the unemployment rate and jobs numbers. Wiz Imp Jun 6 #12

Oh. And the report on the CPI/inflation data was NOT an example of manipulation. Wiz Imp Jun 6 #13

Thanks -- i did not know how the data was collected and compiled for this unlike the CPI JT45242 Jun 6 #16

What is your point? Kingofalldems Jun 6 #7

No point, just curious...... a kennedy Jun 6 #8

This is good news. We should be rooting for a strong economy no matter who is in charge. It's in our beaglelover Jun 6 #9

I made Greg_In_SF Jun 6 #23

This Polybius Jun 9 #25

Good. Xavier Breath Jun 6 #10

Most things aren't linear and the market is irrational EdmondDantes_ Jun 6 #11

This is a set up.. Lovie777 Jun 6 #14

Agree. ananda Jun 6 #15

Churning. Traders don't make money unless the prices move. Midnight Writer Jun 6 #17

Better than expected jobs report. nt. andym Jun 6 #18

The federal employees laid off-- thousands-- are probably still getting paid. viva la Jun 6 #20

Because the "Market" is only tangentially connected to the regular economy. haele Jun 6 #19

because powerful people WANT it to go up. WarGamer Jun 6 #22

Something about Trump and Xi discussing tariffs, I think Walleye Jun 9 #26

I still think the market is overpriced. Scruffy1 Jun 9 #27

CNN fear and greed index dropped to 3 on 4/8 ... cliffside Jun 9 #29

buy low... sweetapogee Tuesday #30

Whether the markets go up 500 points or down 500 points ... Tarzanrock Jun 9 #28