according to Bureau of Labor Statistics data released Friday.
That's ABOVE economists’ expectations of 200,000 jobs ....and just as important, the unemployment rate continued to stay UNDER 3.99% for a whopping 25 months - marking the longest positive outcomes in over 50 years!!!
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US employers added 275,000 jobs in February,
according to Bureau of Labor Statistics data released Friday.
That's ABOVE economists’ expectations of 200,000 jobs ....and just as important, the unemployment rate continued to stay UNDER 3.99% for a whopping 25 months - marking the longest positive outcomes in over 50 years!!!
Quote Originally Posted by fubah2: the unemployment rate continued to stay UNDER 3.99% for a whopping 25 months - marking the longest positive outcomes in over 50 years!!! positive and unprecedented in our lifetime
Never better!
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Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: the unemployment rate continued to stay UNDER 3.99% for a whopping 25 months - marking the longest positive outcomes in over 50 years!!! positive and unprecedented in our lifetime
Investors are still digesting Wednesday's Federal Reserve's policy rate decision, economic projections and Fed Chair Jerome Powell's press conference, but so far they seem to like what they've seen and heard!
"Despite projections of stronger growth, lower unemployment, and slightly higher core PCE inflation, policymakers still anticipate three rate cuts this year," wrote Whitney Watson, global co-head and co-chief investment officer of Fixed Income and Liquidity Solutions at Goldman Sachs Asset Management.
2
March 20:
Investors celebrate the Fed's decisions
Investors are still digesting Wednesday's Federal Reserve's policy rate decision, economic projections and Fed Chair Jerome Powell's press conference, but so far they seem to like what they've seen and heard!
"Despite projections of stronger growth, lower unemployment, and slightly higher core PCE inflation, policymakers still anticipate three rate cuts this year," wrote Whitney Watson, global co-head and co-chief investment officer of Fixed Income and Liquidity Solutions at Goldman Sachs Asset Management.
All three major indexes were on pace to close at all-time highs on Wednesday afternoon, as investors cheered the Federal Reserve's statement that it still expects three interest rate cuts this year!
2
Earlier today...
All three major indexes were on pace to close at all-time highs on Wednesday afternoon, as investors cheered the Federal Reserve's statement that it still expects three interest rate cuts this year!
Earlier today... All three major indexes were on pace to close at all-time highs on Wednesday afternoon, as investors cheered the Federal Reserve's statement that it still expects three interest rate cuts this year!
investors like me r very pleased
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
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Quote Originally Posted by fubah2:
Earlier today... All three major indexes were on pace to close at all-time highs on Wednesday afternoon, as investors cheered the Federal Reserve's statement that it still expects three interest rate cuts this year!
It’s a pretty good day for Wall Street — the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history.
The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time.
That rally continues Thursday.
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Stock Market
It’s a pretty good day for Wall Street — the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history.
The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time.
Stock Market It’s a pretty good day for Wall Street — the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history. The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time. That rally continues Thursday.
The last forecast called for 5 rate cuts this year. We'll see you next time when rates stay the same and they call for 2 rate cuts
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Quote Originally Posted by fubah2:
Stock Market It’s a pretty good day for Wall Street — the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history. The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time. That rally continues Thursday.
The last forecast called for 5 rate cuts this year. We'll see you next time when rates stay the same and they call for 2 rate cuts
Stock Market It’s a pretty good day for Wall Street — the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history. The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time. That rally continues Thursday.
European and Asian stocks also climbed as the party went global.
Switzerland’s central bank became the first from a wealthy, advanced economy to cut its interest rate on Thursday and the Bank of England kept its rate unchanged.
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Quote Originally Posted by fubah2:
Stock Market It’s a pretty good day for Wall Street — the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history. The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time. That rally continues Thursday.
European and Asian stocks also climbed as the party went global.
Switzerland’s central bank became the first from a wealthy, advanced economy to cut its interest rate on Thursday and the Bank of England kept its rate unchanged.
— the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history.
The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time.
That rally continues Thursday!
Traders in the US are now expecting a nearly 72% chance that the Fed begins cutting rates in June, according to CME Group’s FedWatch tool.
That’s up from a 59% forecast last week.
*now...cue the pro-fascist negative nancies
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Quote Originally Posted by fubah2:
Stock Market
It’s a pretty good day for Wall Street
— the Dow Jones Industrial Average is closing in on the 40,000 threshold for the first time in its 128-year history.
The Federal Reserve sent stocks soaring on Wednesday after officials kept interest rates unchanged and maintained their forecast for three rate cuts this year. All three major indexes ended the day at new highs and the S&P 500 crossed the key 5,200 level for the first time.
That rally continues Thursday!
Traders in the US are now expecting a nearly 72% chance that the Fed begins cutting rates in June, according to CME Group’s FedWatch tool.
Quote Originally Posted by fubah2: Stocks continue surge after Fed indicates three rate cuts still coming this year *now...cue the pro-fascist negative nancies all 3 up yet again today
Yes! DOW flirting with the remarkable threshold of eclipsing 40,000
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Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Stocks continue surge after Fed indicates three rate cuts still coming this year *now...cue the pro-fascist negative nancies all 3 up yet again today
Yes! DOW flirting with the remarkable threshold of eclipsing 40,000
POLITICO - President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of a landmark industrial policy.
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Biden helps semiconductor manufacturing!
POLITICO - President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of a landmark industrial policy.
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