Professor Kyle
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This isn't even new – the press *always* paints the economy negatively when Democrats are in power. Inflation is down, job growth continues, wages are up, profits are up, government policy is set to stimulate growth for years...yet they spin it as a disaster. Talk about confirmation bias.
Magda Teter @mteter
And yet, look at Bloomberg. I have not seen a positive headline since Biden-Harris took over. Doom and gloom. Recession around the corner. Last good jobs report. Job market too hot.
11:20 AM - Oct 06, 2023
11:31 AM - Oct 06, 2023
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Colornlight
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Admittedly, I have no idea how the stock market works (does anyone???) but, by adding 336k jobs in September, why would Wall Street think this is a bad thing? Gotta be something to do with, for lack of a better word, hoarding.
My best guess.
In response to Professor Kyle.
11:39 AM - Oct 06, 2023
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Professor Kyle
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In response to Colornlight.
I think maybe it's because they fear another rate hike...but yeah, pretty much everything they do has to do with hoarding for sure.
11:41 AM - Oct 06, 2023
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