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To: Real Man who wrote (108471)4/5/2018 5:38:52 PM
From: Rarebird  Read Replies (3) | Respond to of 116835
 
We don't know that for sure, but it does appear likely that many of the reports are cooked. As for the market being "socialism for the rich", I won't argue with you there. I track prices closely at times and it seems like there is a machine ready to propel the market higher from certain levels. I am quite amazed to see the S&P rally 10-15 points in a matter of a couple of minutes at times when it looks like it is just about to tank big time.
As for China, if things deteriorate enough on the trade front, which I doubt, I would not put it past China to set off shock waves in the form of selling a massive block. Doubtful, but possible if Trump goes to far. Dumbo Trump thinks the whole world has no choice but to cowtow to his trade demands.



To: Real Man who wrote (108471)4/5/2018 6:01:56 PM
From: Rarebird  Read Replies (3) | Respond to of 116835
 
I saw Donald on TV this afternoon and he made a statement, " the economy is doing fantastic and I expect a strong jobs number tomorrow." That's a pretty serious statement. I wonder if he already knows what the numbers will be. All the numbers prior to tomorrow's report point to a high wage number in percentage terms. Market watch has hourly wages pegged at . 3% increase.



To: Real Man who wrote (108471)4/10/2018 7:21:09 AM
From: RetiredNow  Respond to of 116835
 
Good post. You demonstrate a good understanding of how things really work in this country.