WH Sr. Adviser Hassett on jobs data: I see a solid upward trajectory

Irony, hypocrisy or self-parody, Unregistered Trader?

"HASSETT ON JOBS DATA: SEE SOLID UPWARD TRAJECTORY -CNBC INTERVIEW" Well, he's not wrong. -105k in Oct and then +64k in November is certainly an increase m/m :-P That original print though...yikes. Probably good that didn't come out due to the shutdown........though one wonders if the shutdown was the primary cause.

Either way, /zb and, if you put credence on /cl being a demand indicator suggesting economic growth/contraction, did not like the numbers. Spike up in /zb followed by a solid retracement (similar to equities).

Here's hoping the cash open sends stocks higher because if not, it is going to be an ugly day(s) ahead for those of us on the long side.

Bears habe their day(s) in the sun just like everyone else.....and you should be happy they exist or you would have no "market" to trade. It takes two to tango, and it takes opposing viewpoints to make a trade.

AI hype is a matter of time, as you say. Never realized probably isn't a thing. Not realized in the next 12 months? That's open for interpretation. The markets are certainly starting to question it based on nearly all the big boys seeing 10-20% valuation reductions even after posting stellar earnings.

AI will eventually "do it all". I mean, there's zero reason to think it won't/can't. Government intervention would be the only real reason why it wouldn't be permitted. I.e. "AI company B must hire at least x people for ever $z in revenue" or something like that. But there goes capitalism....or at least a part of it.

That said, it will be years/decades (IMO) before you see skilled, manual, non assembly line labor performed by AI. If Musk's 10 year goal is tied to selling 1M robots, that tells you how far away we are. If every labor job were at risk, that number would be 1B robots.

....side note: does anyone else think that Musk may just put an order for 1M units himself to satisfy the goal? I mean a $1T bonus for not seeing $35B in robot sales? I'd be buying them and donate to every charity around the world. Tax write offs+marketing+"altruism "...win/win/win. I am sure there is a clause in his contract, but still...

We miss your guidance bro, come back

I laughed at how fuc'ing ridiculous his comments are. Upward trajectory?

Kevin Warsh is the last chance for the US economy and even he might not be able to do much at this point.
I knew this guy Hassett was bad news and only wants to cut rates.

Oh, I like the comments of all these wannabees here; all economic experts, Trump doesn't need to look further, he can make an excellent pick right here for the next Fed chief.

This guy thinks he can achieve 1% inflation rate, but doesn't mention rate hikes, but only rate cuts. Arguably the worst choice for the next Fed chair and God help the US economy if he is picked.

Unpopular opinion… lackluster job numbers over the last 6 months are primarily due to immigration policy and govt cuts. Job picture for everyday American has been relatively steady through tariffs. Contrary to popular belief tariffs have not and will not tank the economy or cause inflation to spiral… real inflation picture under control for now my main concerns are how much lower can rates go before underlying inflation starts to pick up again? AI hype never realized and bubble bursts? And my larger long term concern is will the govt continue deep budget deficits causing debt to continue snowballing?

Your whole post is ironic starting from the fact that you too are unregistered (and so what?), including that BBC next to Trader#1.

LoL

Trader 1BBC

Trader#7DC6 is a 'CAN'T DO' type. No wonder he is an 'unregistered trader. hahaha