Trump Era 2025-2029 : Stock and Economic Comment

[IFocus]

There's a big albertan independence movement there, kind of like the western australian one here but much more serious.

Who says we are not serious.....

 

[divs4ever]

Don't forget water in to your calculations, fresh, salt whatever even the ones that will not use water as their major coolant will still need decent amounts of it.

water needs can be dramatically reduced in some set-ups , but they are less likely to be used ( in Western nations ) because the big name chip manufacturers focus on speed/power over operating efficiency

look for the Asians ( not just the Chinese ) to go more in that direction

 

[divs4ever]

Who says we are not serious.....

yes and some of the are genuine multi-billionaires

 

[over9k]

Who says we are not serious.....

W.A is the state equivalent of a teenager threatening to move out every time they're told to do some chores around the house. It's a totally empty threat and everyone knows it.

Alberta is genuinely serious. There is some real animosity beneath it all, it's not just a little bit of aggravation.

 

[over9k]

Nobody here is stopping W.A from exporting its minerals and so on (in fact, nobody's really stopping W.A from doing anything) whereas the other provinces in canada actually are stopping alberta from exporting theirs, and that's the key difference.

 

[mullokintyre]

At the risk of getting off the thread topic of whether WA should secede or not, it would seem that the big increase in the inflationary effects of tariffs on imported goods (as distinct from home grown goods and services) has not (yet) eventuated.
At least not in the item classes listed below.
Perhaps its just that six months is not enough time to see the effects flow through.
Or is it possible that people like Goria Ogbonna and Robert E Scott are correct after all in supporting the Milton Firiedman line about inflation being always and everywhere a monetery problem?



I presume we will hear the Fed say that tariff non -inflation is only transitory.
Mick

 

[over9k]

 

[SirRumpole]

Another US government shutdown looms

US government shutdown odds soar hours before deadline

The standoff is drawing national attention, raising questions about fiscal priorities, governance, and the fate of programs.

www.newsweek.com

 

[qldfrog]

Another US government shutdown looms

US government shutdown odds soar hours before deadline

The standoff is drawing national attention, raising questions about fiscal priorities, governance, and the fate of programs.

www.newsweek.com

isn't ridiculous: a good idea initially but after dozen of these where both parties just keep pushing the threshold, what is the point?

 

[Antirnator]

isn't ridiculous: a good idea initially but after dozen of these where both parties just keep pushing the threshold, what is the point?

Peter Thiel already identified, 10 years ago, that companies do not want to hire university/college graduates who can't even write a sentence, let alone think for themselves. The standard dropped due to the flood of unnecessary politicised subjects.

 

[over9k]

Trump is now, in the most transparent act of political gamesmanship I can think of in years, using the pending government shutdown to sack/fire thousands of public servants he couldn't get rid of without the government shutdown that he has contrived.

We will obviously find out exactly who those people are shortly.

 

[mullokintyre]

It seems that the leisure and hospitality, which is the mainstay of the younger generation, has seen a big drop off in people quitting their jobs.
This could be because of the realisation that things are no better in the other areas of employment, it could be fear that they will not get another job, or it could be because so many of the low paid illegals have departed.
mick

 

[Antirnator]

It seems that the leisure and hospitality, which is the mainstay of the younger generation, has seen a big drop off in people quitting their jobs.
This could be because of the realisation that things are no better in the other areas of employment, it could be fear that they will not get another job, or it could be because so many of the low paid illegals have departed.
mick
View attachment 210013

American young people with their degrees in gender studies are too important for those jobs

 

[TimeISmoney]

U.S. companies shed 32,000 jobs in September in latest sign of labor market weakness​

U.S. companies shed 32,000 jobs in September, according to the payroll processing company ADP, a surprising decline that adds to growing concerns about the rapidly weakening labor market.

ADP, which released its monthly private sector employment report Wednesday, was expected by Wall Street to report job growth of 45,000 in the month.


The weak labor report comes after some recent economic data — gross domestic product and unemployment claims — offered a slightly more positive outlook for the U.S. economy.
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Companies with fewer than 50 employees were among those hit the hardest in September, with firms employing 20-49 employees shedding 21,000 jobs and those employing fewer than 19 workers losing 19,000 jobs.

ADP said the negative number was due in part to recently revised BLS data but "the trend was unchanged; job creation continued to lose momentum across most sectors." Additionally, "pay gains for job-changers slowed to 6.6% from 7.1% in August."

ADP also revised down August's employment growth of 54,000 to a loss of 3,000.
However, the company said that it found year-over-year pay growth for "job stayers," or people remaining in their roles for an extended period of time, continued to pace ahead of inflation at 4.5%.

 

[over9k]

It seems that the leisure and hospitality, which is the mainstay of the younger generation, has seen a big drop off in people quitting their jobs.
This could be because of the realisation that things are no better in the other areas of employment, it could be fear that they will not get another job, or it could be because so many of the low paid illegals have departed.
mick
View attachment 210013

Things are no better anywhere else.

 

[Antirnator]

Things are no better anywhere else.

For example Greenland, Turkmenistan, Sierra Leone or Bali?

 

[TimeISmoney]

American young people with their degrees in gender studies are too important for those jobs

There are plenty of these grifters in Australia. Wait until Australia hits a recession and see how much of a seat warmer they are.

 

[Antirnator]

There are plenty of these grifters in Australia. Wait until Australia hits a recession and see how much of a seat warmer they are.

We are in a recession covered up by mass temporary immigration (not taking a political position of for or against).

 

[over9k]

For example Greenland, Turkmenistan, Sierra Leone or Bali?

I was talking by profession. Grad wages are by & large an absolute joke now, especially when you look at them hourly.

 

[over9k]

Even if you could get a job with your gender studies degree it will likely pay no more than the barista gig did anyway, so there's not a lot of point, especially if the office job is actually more miserable than making coffee.

(anyone that's worked a soul sucking office job will know what I'm talking about here)