UofMstateU
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February Jobs Report - Brace For Impact
U.S. stock futures jumped by triple digits on Friday after employers helped drive the best job growth since July 2016. U.S. employers added 313,000 jobs in February, far surpassing expectations for an increase of 200,000 jobs after January’s better-than-expected reading, the Labor Department reported.
https://www.foxbusiness.com/markets/jobs...-july-2016
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03-09-2018 10:02 AM |
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thespiritof1976
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RE: February Jobs Report - Brace For Impact
Neither here nor there, but it isn't all good. Toys R Us is going out of business. It is a damn shame that so many of these brick and mortar retail chains have gone under when the solutions were really within their grasp, if only the CEO's and the so-called smart people had any common sense.
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03-09-2018 10:06 AM |
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UofMstateU
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RE: February Jobs Report - Brace For Impact
Toys R Us has essentially been going out of business for more than a decade.
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03-09-2018 10:13 AM |
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thespiritof1976
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:13 AM)UofMstateU Wrote: Toys R Us has essentially been going out of business for more than a decade.
Yes, I agree - however, it didn't have to be that way.
Sears has got to be next. How they have survived this long is beyond me.
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03-09-2018 10:16 AM |
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Tom in Lazybrook
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RE: February Jobs Report - Brace For Impact
Wage growth was largely stagnant, again. I think that really was the reason for the uptick in the DJIA. Stagnant real wage growth = less inflationary pressure = less chances of an interest rate hike.
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03-09-2018 10:21 AM |
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thespiritof1976
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:21 AM)Tom in Lazybrook Wrote: Wage growth was largely stagnant, again. I think that really was the reason for the uptick in the DJIA. Stagnant real wage growth = less inflationary pressure = less chances of an interest rate hike.
IMO, wage growth has largely been stagnant since Nixon took us off the gold standard.
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03-09-2018 10:26 AM |
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Kronke
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RE: February Jobs Report - Brace For Impact
Alt-left claim: President Trump will destroy our economy and lead us to nuclear war
FACT CHECK: 313,000 new jobs in February and Little Rocket Man wants to de-nuke
#winning
(This post was last modified: 03-09-2018 10:56 AM by Kronke.)
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03-09-2018 10:55 AM |
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Bull_Is_Back
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:06 AM)thespiritof1976 Wrote: Neither here nor there, but it isn't all good. Toys R Us is going out of business. It is a damn shame that so many of these brick and mortar retail chains have gone under when the solutions were really within their grasp, if only the CEO's and the so-called smart people had any common sense.
Best Buy laid down the plan on how to survive as a brick and mortar...
1 - Ordering on the web and store pickup
2 - Use your retail locations as warehouses in Metro Areas
3 - Make your stores something to be about the experience (best buy is consonantly tweaking their store layout)
But the real thing that killed Toy's R' Us, in my view, is that their stores stayed at an 80's K-Mart level feel.
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03-09-2018 11:07 AM |
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thespiritof1976
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:55 AM)Kronke Wrote: Alt-left claim: President Trump will destroy our economy and lead us to nuclear war
FACT CHECK: 313,000 new jobs in February and Little Rocket Man wants to de-nuke
#winning
Same thing they said about Reagan. Liberalism, thy name is tilting at windmills...
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03-09-2018 11:07 AM |
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thespiritof1976
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RE: February Jobs Report - Brace For Impact
(03-09-2018 11:07 AM)Bull_Is_Back Wrote: (03-09-2018 10:06 AM)thespiritof1976 Wrote: Neither here nor there, but it isn't all good. Toys R Us is going out of business. It is a damn shame that so many of these brick and mortar retail chains have gone under when the solutions were really within their grasp, if only the CEO's and the so-called smart people had any common sense.
Best Buy laid down the plan on how to survive as a brick and mortar...
1 - Ordering on the web and store pickup
2 - Use your retail locations as warehouses in Metro Areas
3 - Make your stores something to be about the experience (best buy is consonantly tweaking their store layout)
But the real thing that killed Toy's R' Us, in my view, is that their stores stayed at an 80's K-Mart level feel.
Yep. You want to know something else though ? TRU has run off a lot of serious adult collectors over the past several years. You know why ? B/C of corruption and collusion with employees.
It has been a dirty little secret that some of the most valuable and sought after TRU exclusives of games, figures, etc... NEVER make their way to the sales floor. They almost always get scalped online or at other specialty stores (I.E. - comic book guy stores) by people working there.
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03-09-2018 11:10 AM |
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SoMs Eagle
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:55 AM)Kronke Wrote: Alt-left claim: President Trump will destroy our economy and lead us to nuclear war
FACT CHECK: 313,000 new jobs in February and Little Rocket Man wants to de-nuke
#winning
You know, that’s a good thought. What did the liberals predict that has actually come to be? First and most important is HRC ain’t president.
I would have TDS to if I were a liberal.
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03-09-2018 11:19 AM |
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JMUDunk
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:16 AM)thespiritof1976 Wrote: (03-09-2018 10:13 AM)UofMstateU Wrote: Toys R Us has essentially been going out of business for more than a decade.
Yes, I agree - however, it didn't have to be that way.
Sears has got to be next. How they have survived this long is beyond me.
I think we can all take a look at Amazon for a pretty clear reason why.
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03-09-2018 03:42 PM |
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UofMstateU
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RE: February Jobs Report - Brace For Impact
(03-09-2018 03:42 PM)JMUDunk Wrote: (03-09-2018 10:16 AM)thespiritof1976 Wrote: (03-09-2018 10:13 AM)UofMstateU Wrote: Toys R Us has essentially been going out of business for more than a decade.
Yes, I agree - however, it didn't have to be that way.
Sears has got to be next. How they have survived this long is beyond me.
I think we can all take a look at Amazon for a pretty clear reason why.
TRU was getting their butts handed to them by Walmart back in the day. When TRU got bought out and made private (in the hopes that they could take the company into another IPO) amazon emerged, and they couldnt compete there either. They had every opportunity to adapt to the changing landscape (and honestly, probably could have beaten Walmart to the punch) but they focused their efforts on re-launching into another IPO instead of re-directing the business.
Sears was a totally different animal. Sears was a bunch of crappy retail locations who held a group of really good product lines. (Diehard, Kenmore, craftsman) Instead of focusing on the really good product lines, they sold them off in order to try to save the really crappy core business and retail locations. I'm not sure what Sear's stock price was thru the past 5 years or so, but I'm sure there was, at one point, the ability for some entity to come in with a hostile takeover and make bank on all of the different brands they had underneath of them.
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03-09-2018 04:25 PM |
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umbluegray
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:26 AM)thespiritof1976 Wrote: (03-09-2018 10:21 AM)Tom in Lazybrook Wrote: Wage growth was largely stagnant, again. I think that really was the reason for the uptick in the DJIA. Stagnant real wage growth = less inflationary pressure = less chances of an interest rate hike.
IMO, wage growth has largely been stagnant since Nixon took us off the gold standard.
And we went off the gold standard because, at the time, we controlled most of the world's gold supply and, in essence, began trading our gold-backed currency for other nations' fiat currencies.
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03-13-2018 03:34 PM |
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Hambone10
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:21 AM)Tom in Lazybrook Wrote: Wage growth was largely stagnant, again. I think that really was the reason for the uptick in the DJIA. Stagnant real wage growth = less inflationary pressure = less chances of an interest rate hike.
This isn't what the left said under Obama in response to the greatly increasing number of people not in the work force.
Wage inflation doesn't happen until you're at full employment... so we're only proving what Republicans were saying for years about the Obama recovery is true.
If you're anywhere near full employment, you don't have stagnant wages...
Unless you're making the 'efficiencies' argument that Greenspan used to make, which means you're now arguing with the Clinton economy.
So which is it? Did the Clinton and Obama economies really suck or are they to be compared to this one? Did Bush really trash a great economy or did he merely have the empty seat when the music stopped, and Obama merely inherited a weak starting point?
or are we going to argue in the absurd some more?
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03-13-2018 04:53 PM |
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Paul M
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:55 AM)Kronke Wrote: Alt-left claim: President Trump will destroy our economy and lead us to nuclear war
FACT CHECK: 313,000 new jobs in February and Little Rocket Man wants to de-nuke
#winning
We'll see. And extremely unlikely.
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03-13-2018 07:46 PM |
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TigerBlue4Ever
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RE: February Jobs Report - Brace For Impact
(03-09-2018 10:06 AM)thespiritof1976 Wrote: Neither here nor there, but it isn't all good. Toys R Us is going out of business. It is a damn shame that so many of these brick and mortar retail chains have gone under when the solutions were really within their grasp, if only the CEO's and the so-called smart people had any common sense.
Brick and mortar retail stores are an endangered species because of technology. I'm not sure how you think there were solutions in their grasp. This is just the beginning.
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03-13-2018 08:36 PM |
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