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#TrumpEconomy
“Employers across the U.S. added 151,000 jobs in February, below economists' forecasts and pointing to a slowdown in the labor market amid signs of slowing economic growth.
The unemployment rate last month was 4.1%, slightly higher than the 4% rate forecast by economists”
https://www.cbsnews.com/news/jobs-report-today-dow-jones-stock-market-doge-layoffs/
@GottaLaff And it begins. Add to the natural slowdown winter brings, we have the added feature of reduction in purchases that are becoming ever more popular in the US.
Target is starting to feel it's DEI rollback on the bottom line.
My brother-in-law had to run out for something and went to Walmart on the boycott day and said it was empty. My wife told him to get out it's boycott day. He did and went home.
Hopefully we get a reaction before everything gets destroyed.
market off to a bad start again today...
we are headed to correction territory.. even though forced ... on many stocks, ETF's and mutual funds...
many have already dropped more than 10%...
@tdwllms1 @GottaLaff Here's the one to watch that's a big loser: Target. It's down a lot and the subject of boycotts for not enough DEI and being sued by MAGA for having too much DEI. Wal-Mart is unscathed.
there are a few out there getting creamed Costco had dropped a shit ton again today... down 7% over the last 5 days and that doesn't count the almost 5% drubbing today... they'sd been very solid. earnings misses make the MM go bonkers and lose their minds.
TRGT is down 25% over the last 6 months... and they did it to themselves.
@tdwllms1 @GottaLaff TGT is not down 25% because they abandoned DEI, they aren't down 25% because they are being sued for it - but both things are motivated by their competition.
It's a combination of several things including people cutting back on purchases so weak sales... but that also has to do with them stepping back from DEI and hit from both sides, selling and promoting to LGBTQ\pride month they've been dropping for quite some time... couple few years.
@tdwllms1 Thanks for the info. I can’t keep up today
I can't keep up any day anymore. ;^)
Plus we're getting our backyard relandscaped so busy with that. Gotta at least keep the local economy going!
@darwinwoodka Oh fun!!! I love that! Enjoy the new yard! @tdwllms1
@GottaLaff I found this post on BlueSky really interesting. I knew that Democrats generally delivered a better economy but this chart put it into perspective.
Here's a similar chart focused on the past three decades, including the first jobs report (Feb. 2025) from Trump's second term.
Note: This is likely the highest the Trump-Vance bar will be for a while, as the recent volatility will begin to hit in earnest in the March jobs report released in early April.
I do love this clear depiction, and it makes me wonder if a similar chart could be created for wealth consolidation. I'd expect similar results, but I could also be wrong.
An article from Forbes or the like Investopedia or one of them or... said Dems presidents delivers gains near 16% while repub pres closer to 10%... it's quite stark... you'd never know it from msm media outlets. You have to be looking...
Today's weaker-than-expected jobs report is another reminder:
And todays numbers do not consider what DOGE has done already.... those are not yet counted.
Lindsay Rosner: still waiting for DOGE effect.
and today was the first they have used recession as the near future economy.