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December employment +223k, U3 3.5% -- nm

Posted by znufrii Jan 6 '23, 05:45

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Responses:

RECESSION! -- nm - Mop Jan 6, 07:29
4.5M jobs added in 2022 -- nm - decline Jan 6, 05:56
Are businesses hoping for a recession because it's starting to feel like that from all the reports and stories? - Krusty Jan 6, 05:52 8
- Short answer is yes. Longer answer is it depends. -- (edited) - znufrii Jan 6, 06:02 7
  - MarketWatch had a story yesterday that I couldn't understand, apparently saying that the Fed doesn't want a rally in the stock market? -- (link) - mara Jan 6, 06:18 4
    - Yup. -- (edited) - znufrii Jan 6, 06:36 3
      - It all boils down to this. - Inigo Jan 6, 06:48 2
        
        huh. interesting -- nm - prayformojo Jan 6, 07:07
        
        Thanks to you both! -- nm - mara Jan 6, 06:57
  - They also really don't want to bring down prices. That's why it's a constant standoff between Powell and businesses. - Inigo Jan 6, 06:15 1
    - Right. He can’t raise rates fast enough to compete with their pricing power without completely nuking workers. - znufrii Jan 6, 06:21

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