Other aspects of the job market remain robust, with payrolls continuing to exceed expectations and an unemployment rate near the lowest since late 2000. Steady employment will help to sustain consumer spending, the biggest part of the economy.
Quote 0 0

U.S. Jobless Claims Decline to Lowest Level Since January 1973

Quote 0 0
This fall today is completely BS. The earnings have been good, forward guidance good, GDP growth - high 3’s (even though this article states 5+ crazy high), interest rates are going to go up (we all know that, so there is no surprise) what else, oh yeah, tax cuts; more, not all people are going to get more money in their paychecks that they will spend, spending will make companies money, companies grow from that money and become more profitable. Again, this whole market dump and these claims that we are going to go into a recession is crazy talk.
Quote 0 0

Apple's $350billion windfall for the US economy: Firm will create 20,000 new jobs, build a second HQ, give all their employees a $2,500 bonus, and pay $38billion in US taxes on their foreign cash in the next five years


Apple released a statement on Wednesday, saying they will contribute $350billion to the U.S. economy over the next five years.

Quote 0 0