Jobs expected 175K, Created 114K. Unemployment 4.3%. Economy Assamey

[ChillDude]

This morning report.. Jobs expected 175K, Created 114K. Unemployment rose to 4.3%. Economy Assamey inka.. Get ready for massive recession

[*Prince Charming]

JUST IN: A really weak July jobs report. The US economy added only 114,000 jobs in July (well below forecasts) 

 

Unemployment rate hits 4.3% —> Highest since October 2021 and this triggers the Sahm Rule recession indicator.

 

Wage growth: 3.6% (vs. 3% inflation)

 

 

***The July jobs report has triggered the "Sahm Rule" indicating we could be in the early stages of a recession***

[Hitman]

ee "Sham Rule" ante... mana Aara Mastan survey type aa? 

[ManOffSteel]

rate cut needed asap..

[akkum_bakkum]

7 hours ago, ManOffSteel said:

rate cut needed asap..

That will push inflation almost immediately. ppl still have cash to spend. Recession is imminent to avoid this chicken egg situation.

[baabaa]

8 minutes ago, akkum_bakkum said:

That will push inflation almost immediately. ppl still have cash to spend. Recession is eminent to avoid this chicken egg situation.

Yes, lot of cash de*ging done during covid with PPP money. Still that money is circulating in economy. Monna okka mestri to koochuni peg estunte slip ayyadu close to $1-$1.2 mil vachindi during covid so that pandemic was financially good for him ani.  

Savalu meda chiller erukotam inna but this is dead bodies meda $$ erukotam.

[Anta Assamey]

[Variety_Pullayya]

assam train ekke time vachindi...

oka pakka job market bad. inko pakka rising costs.

[Hitman]

1 hour ago, ManOffSteel said:

rate cut needed asap..

Rate Cuts + Cash on Hand = Will take real estate to New Peaks...    
దేశి లు కాసి కాసి గా ఉన్నారు Recession vaste 3rd house, 4th House , 5th house lu konadaaniki... ippudu market lo unna inventory saripodu. 

[r2d2]

4 minutes ago, Hitman said:

దేశి లు కాసి కాసి గా ఉన్నారు..

there is this danger too..

[Hitman]

1 minute ago, r2d2 said:

there is this danger too..

Dont worry... There are many return trains from Assam to Telugu states man... 

[ChillDude]

1 minute ago, Hitman said:

Rate Cuts + Cash on Hand = Will take real estate to New Peaks...    
దేశి లు కాసి కాసి గా ఉన్నారు Recession vaste 3rd house, 4th House , 5th house lu konadaaniki... ippudu market lo unna inventory saripodu. 

That's a wrong notion that lot of them have.. When job market is good, people will buy homes even when interest rates are higher..

In recession, people will be scared to buy even when markets are crashing and interest rates r lower. Next year unemployment rate might go beyond 6%, forclosures will skyrocket.

[Paamu]

24 minutes ago, Hitman said:

Rate Cuts + Cash on Hand = Will take real estate to New Peaks...    
దేశి లు కాసి కాసి గా ఉన్నారు Recession vaste 3rd house, 4th House , 5th house lu konadaaniki... ippudu market lo unna inventory saripodu. 

Not true. Unna job pothe 1 house kooda undadu … so wise spending is best. Rents baagane coming now but once recession hits you will see the tenants pay no rent for months and you can’t scratch them. 

[dreamchaser]

29 minutes ago, Hitman said:

Rate Cuts + Cash on Hand = Will take real estate to New Peaks...    
దేశి లు కాసి కాసి గా ఉన్నారు Recession vaste 3rd house, 4th House , 5th house lu konadaaniki... ippudu market lo unna inventory saripodu. 

ante USA lo desi lu tappa evaru lera? not everyone has cash

[Hitman]

12 minutes ago, dreamchaser said:

ante USA lo desi lu tappa evaru lera? not everyone has cash

ippudu market lo unna inventory desis kooda saripodu .. Desis will outbid any others. All rental properties would be owned by either desis or corporates...