Admiral Rockwell Tory
Diamond Member
Dock workers about to strike on the east coast. Pilots for UPS and FEDEX about to strike. John Deere moving jobs from Iowa to Mexico. Automakers having to shift away from EVs because no one is buying them. Are you even paying attention?https://www.cnbc.com/2024/09/25/stock-market-today-live-updates.html
- Initial jobless claims for the week ending Sept. 21 totaled 218,000, a decrease of 4,000 from the previous period and slightly better than the 223,000 Dow Jones estimate. Continuing claims, which run a week behind, rose to 1.834 million, a touch below the FactSet forecast.
- Orders for long-lasting “durable goods” orders for items such as aircraft, appliances and computers, were little changed for August, better than the estimate for a 3% decline.
- Gross domestic product rose at a 3% annualized rate in the second quarter, according to the last of three readings from the Commerce Department. That was in line with market expectations.
If that is the economy getting killed can we have more killing please.