+177,000 NFP jobs for April.

But jobless claims rise to 241,000 and up from 223,000 from the prior week.

April Jobs Report: Unemployment Rate Holds At 4.2%

JUST IN: 🇺🇸 US economy added 177,000 jobs in April, more than expected.

— Watcher.Guru (@WatcherGuru) May 2, 2025

JUST IN: 🇺🇸 US unemployment rate remains at 4.2%.

— Watcher.Guru (@WatcherGuru) May 2, 2025

NVIDIA CEO Jensen Huang: "We're going to build NVIDIA's technology, the next generation of that, all here in the United States. Without the President's leadership, his policies, his support, and very importantly his strong encouragement — manufacturing in the United States…

— Donald J. Trump Posts From His Truth Social (@TrumpDailyPosts) May 1, 2025

Did the lamestream media even report this?

DiabloWags said:

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+177,000 NFP jobs for April.

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Biden relied on government jobs to boost numbers, this administration will increase private sector jobs. Federal employment has already shrank by 26,000 jobs under Trump after ballooning to 139,000 jobs in Biden's last two years.

In @POTUS's first three months, 95.7% of jobs have come from the private sector.

In Biden's final two years, only 74% of jobs came from the private sector. One out of every four jobs Biden created came from the government.

— Rapid Response 47 (@RapidResponse47) May 2, 2025

The ISM U.S. Purchasing Manager's Index of Manufacturing Activity dropped to 48.7 in April

That's two consecutive months under the all important 50 mark that signals growth or contraction.

"Demand and production retreated and destaffing continued, as panelists' companies responded to an unknown economic environment," said Tim Fiore, chairman of the ISM Manufacturing Business Survey Committee.

Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

The US and UK are set to sign a landmark trade deal this week, per FT

— unusual_whales (@unusual_whales) May 6, 2025

DiabloWags said:

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Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

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High import numbers skewed the GDP numbers downward as companies were frontrunning the tariffs. GDP will be up in positive territory in Q2.

Duh.

You finally figured this out 7 days later?

bear2034 said:

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DiabloWags said:

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Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

---

High import numbers skewed the GDP numbers downward as companies were frontrunning the tariffs. GDP will be up in positive territory in Q2.

---

Thanks for repeating this again. You mentioned it a few days ago. Not surprising that the poster above missed your first post and also posted the GDP numbers many times without attributing this information. Thanks for enlightening us.

oski003 said:

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bear2034 said:

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DiabloWags said:

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Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

---

High import numbers skewed the GDP numbers downward as companies were frontrunning the tariffs. GDP will be up in positive territory in Q2.

---

Thanks for repeating this again. You mentioned it a few days ago. Not surprising that the poster above missed your first post and also posted the GDP numbers many times without attributing this information. Thanks for enlightening us.

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Thanks for once again confirming that your reading comprehension is stuck at the 6th grade level like 54% of Americans and that you never took a basic Econ 1 class where you were taught:

GDP = C + I + G + (X - M)

oski003 said:

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Thanks for repeating this again. You mentioned it a few days ago. Not surprising that the poster above missed your first post and also posted the GDP numbers many times without attributing this information. Thanks for enlightening us.

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Given how obsessively you stalk every one of my posts, I'm surprised you missed my post from 9 days ago of April 29th
Duh.

Did you really go to Cal?
What was your major?

lol

bear2034 said:

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DiabloWags said:

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Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

---

High import numbers skewed the GDP numbers downward as companies were frontrunning the tariffs. GDP will be up in positive territory in Q2.

---

Thanks for repeating this again. You mentioned it a few days ago. Not surprising that the poster above missed your first post and also posted the GDP numbers many times without attributing your information. Thanks for enlightening us.

He must be upset that he panic sold at the bottom.

bear2034 said:

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He must be upset that he panic sold at the bottom.

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Yeah, that must be me bro.
lol

oski003 said:

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bear2034 said:

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DiabloWags said:

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Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

---

High import numbers skewed the GDP numbers downward as companies were frontrunning the tariffs. GDP will be up in positive territory in Q2.

---

Thanks for repeating this again. You mentioned it a few days ago. Not surprising that the poster above missed your first post and also posted the GDP numbers many times without attributing your information. Thanks for enlightening us.

---

Cool story kid.
You're good at "story" telling.

My post from 4/29

DiabloWags said:

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oski003 said:

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bear2034 said:

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DiabloWags said:

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Remember when the economy grew 2.4% in Q4 of last year under Sleepy Joe?

All that stopped when Chump became President.

- 0.3%

---

High import numbers skewed the GDP numbers downward as companies were frontrunning the tariffs. GDP will be up in positive territory in Q2.

---

Thanks for repeating this again. You mentioned it a few days ago. Not surprising that the poster above missed your first post and also posted the GDP numbers many times without attributing your information. Thanks for enlightening us.

---

Cool story kid.
You're good at "story" telling.

My post from 4/29

---

Cool. I hope thinking you are right here helps you get some good sleep tonight. It appears you need it.

Just a friendly reminder that Joe Biden drained the strategic oil reserves for political gain.

bear2034 said:

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Just a friendly reminder that Joe Biden drained the strategic oil reserves for political gain.

---

Cool story.
It was an excellent trade.

Or does your dome freeze-up when the concept of SELL HIGH, BUY LOW is presented to it?

Sell 180 million barrels of oil at $96.25
Buy 200 million barrels of oil at $74.75


Biden-Harris Administration Makes Final Purchase for the Strategic Petroleum Reserve - Secures 200 Million Barrels at a Good Deal for the American Taxpayer | Department of Energy

DiabloWags said:

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bear2034 said:

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Just a friendly reminder that Joe Biden drained the strategic oil reserves for political gain.

---

Cool story.
It was an excellent trade.

Or does your dome freeze-up when the concept of SELL HIGH, BUY LOW is presented to it?

Sell 180 million barrels of oil at $96.25
Buy 200 million barrels of oil at $74.75

Biden-Harris Administration Makes Final Purchase for the Strategic Petroleum Reserve - Secures 200 Million Barrels at a Good Deal for the American Taxpayer | Department of Energy

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Bro, as of May 2, 2025, the SPR contains 399 million barrels, that's only 56% of capacity. This is significantly below historical levels, we were at 726.6 million barrels in 2010. Your boy, Biden, forgot to fill up before he left office.

bear2034 said:

---

DiabloWags said:

---

bear2034 said:

---

Just a friendly reminder that Joe Biden drained the strategic oil reserves for political gain.

---

Cool story.
It was an excellent trade.

Or does your dome freeze-up when the concept of SELL HIGH, BUY LOW is presented to it?

Sell 180 million barrels of oil at $96.25
Buy 200 million barrels of oil at $74.75

Biden-Harris Administration Makes Final Purchase for the Strategic Petroleum Reserve - Secures 200 Million Barrels at a Good Deal for the American Taxpayer | Department of Energy

---

Bro, as of May 2, 2025, the SPR contains 399 million barrels, that's only 56% of capacity. This is significantly below historical levels, we were at 726.6 million barrels in 2010. Your boy, Biden, forgot to fill up before he left office.

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Based on what you said above, it appears that Trump didn't fill up before he left office in 2021. Or Obama in 2017.

And WTI Crude traded under $60 this week.

Why isnt King Chump taking advantage of these much lower prices and directing his energy department to fill the SPR back up?

The Energy Department has not made any budget requests to Congress at this time," a department spokesperson said.

BRO

BREAKING: 🇺🇸 US inflation falls to 2.3%, lower than expectations.

— Watcher.Guru (@WatcherGuru) May 13, 2025

DiabloWags said:

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Duh.

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Hard data suggests tariff-driven inflation and recession fears may be overblown https://t.co/gnII8Zh9ue

— Axios (@axios) May 15, 2025

Oops.

U.S. consumer sentiment is hovering just above rock bottom, falling to its second-lowest level on record. Even in an economy that's technically growing, households are increasingly uneasy.

The culprit?
Growing anxiety over tariffs, inflation, and trade policy.

The University of Michigan's closely watched index dropped to 50.8 in its preliminary May reading, down from 52.2 in April and barely above the all-time low of 50 in June 2022, when inflation had spiked to a 41-year high. Economists polled by The Wall Street Journal (NWSA) had expected May's early numbers to rebound to around 55. Instead, sentiment continues a five-month slide, down nearly 30% since January.

"Tariffs were spontaneously mentioned by nearly three-quarters of consumers, up from almost 60% in April; uncertainty over trade policy continues to dominate consumers' thinking about the economy," said Surveys of Consumers Director Joanne Hsu. "Slight increases in sentiment this month for independents were offset by a 7% decline among Republicans."

Consumers' 12-month inflation expectations jumped to 7.3% from 6.5% in April.

RECESSION CANCELLED?

The odds of a US recession this year have fallen to just 39%.

— Polymarket (@Polymarket) May 13, 2025

How can you have a recession when unemployment is down? There never was going to be recession was there?

Public opinion has ready had an impact on the soft (survey) data. Inflation expectations have soared to well over 7% and consumer confidence is collapsing.

The question is, how long before the soft data translates into hard data. Jerome Powell has highlighted this numerous times.

Q1 GDP was negative due to people front-running Trump's tariffs. Q2 is currently looking like +2.4%

GDPNow - Federal Reserve Bank of Atlanta

This forum would be most helped by people educating themselves on the economy via things like reading the WSJ.

But it appears that there are a handful of people that can only "speak" through tweets of others.

DiabloWags said:

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Public opinion has ready had an impact on the soft (survey) data. Inflation expectations have soared to well over 7% and consumer confidence is collapsing.

The question is, how long before the soft data translates into hard data. Jerome Powell has highlighted this numerous times.

Q1 GDP was negative due to people front-running Trump's tariffs. Q2 is currently looking like +2.4%

This forum would be most helped by people educating themselves on the economy via things like reading the WSJ.

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The numbers are better than expected because Trump suspended most tariff increases. When reinstated, the expected inflation may be realized. The threat of tarries is having a positive impact on domestic orders (note the thread on insufficient domestic manufacturing capacity and skilled labor). After tariffs were suspended, commercial orders from China have picked-up, with buyers presumably hoping either order will be filed within the 90 days suspension period or that the tariffs will not be reimposed.

April Retail Sales cooled to 0.1% from a month earlier.

The consensus expectations for spending, excluding motor vehicles was for a 0.3% gain.

In case people havent figured this out yet, Trump's 2 Doll Gaffe is the admission that suppressing domestic consumption is the first, essential step toward whatever manufacturing renaissance Trump thinks tariffs could stir in the U.S.

https://www.wsj.com/opinion/the-truth-behind-trumps-two-dolls-gaffe-economy-trade-8608f95b?st=VXkknz