Q4 enters the arena

homeagain wrote:

ramage wrote: In order to prepare for the worst what should one do? Sell everything and hoard gold?
Invest in foreign countries? Bury money in the backyard?
With your experience in corporate america you have a leg up on me.

[/b]

MY CORP experience tells me....do NOT ASSUME all information is available.

HERE is a little lesson on "when you LEAST EXPECT IT.''

Circa 1979 or so......My life as a IOC operator (international operating center) was lucrative and
secure (or so I thought). Direct Dial OVERSEAS was non existent.....you had to place a call thru At&TLONG LINES. THAT meant calling the IOC,giving the operator the information and THEN the operator would reach the party you were requesting.via the foreign operator......
language barriers and social morays were part of the MJR's.....(major job responsibilities)

OUR IOC office was one of several (we were in Lakewood Colorado)......we were in the MIDDLE of the country....east coast, west coast locations were part of the overall IOC system.

Job security was a sure bet....or so we were told....info came down that some locations would
be closing.....NO locations were named. AT&T was in the process of installing sub flooring and cables for our NEW COMPUTER SYSTEM.....we ALL took that as a safe bet...it was NOT our
location.......IMAGINE our utter disbelief (management included)when we were informed OUR
location in Lakewood was closing.....(.it took THREE WEEKS and the lights were out and the doors closed.)

The LESSON? When you LEAST expect it....shit will hit the fan.....thus my mantra....prepare for the worst and hope for the best.......HARD LESSON.

apnews.com/04d4f270732f478db8565bf0964cbbcb

WTO JUST RULED China can levy 3.6 BILLION in trade to the US.....anti dumping laws
were violated by US.

homeagain wrote:

homeagain wrote:

ramage wrote: In order to prepare for the worst what should one do? Sell everything and hoard gold?
Invest in foreign countries? Bury money in the backyard?
With your experience in corporate america you have a leg up on me.

[/b]

MY CORP experience tells me....do NOT ASSUME all information is available.

HERE is a little lesson on "when you LEAST EXPECT IT.''

Circa 1979 or so......My life as a IOC operator (international operating center) was lucrative and
secure (or so I thought). Direct Dial OVERSEAS was non existent.....you had to place a call thru At&TLONG LINES. THAT meant calling the IOC,giving the operator the information and THEN the operator would reach the party you were requesting.via the foreign operator......
language barriers and social morays were part of the MJR's.....(major job responsibilities)

OUR IOC office was one of several (we were in Lakewood Colorado)......we were in the MIDDLE of the country....east coast, west coast locations were part of the overall IOC system.

Job security was a sure bet....or so we were told....info came down that some locations would
be closing.....NO locations were named. AT&T was in the process of installing sub flooring and cables for our NEW COMPUTER SYSTEM.....we ALL took that as a safe bet...it was NOT our
location.......IMAGINE our utter disbelief (management included)when we were informed OUR
location in Lakewood was closing.....(.it took THREE WEEKS and the lights were out and the doors closed.)

The LESSON? When you LEAST expect it....shit will hit the fan.....thus my mantra....prepare for the worst and hope for the best.......HARD LESSON.

apnews.com/04d4f270732f478db8565bf0964cbbcb

WTO JUST RULED China can levy 3.6 BILLION in trade to the US.....anti dumping laws
were violated by US.

[/b]

For those who see rainbows......THIS might change the equation.

To expect the UN expected might be the prudent way to proceed.

homeagain wrote:

AGAIN....there are those who see realty,and then there are those that see rainbows.......ALL
IS NOT AWESOME.....njmo

No, there are those who see realty and those who are so severely taken with TDS they do not see at all.

www.forbes.com/sites/jackkelly/2019/11/0...lenges/#540ff3e25f5e

"Jobs Report: The U.S. Added 128,000 Jobs In October, Reflecting A Strong Economy Despite The GM Strike And Other Challenges
Jack Kelly
Jack KellySenior Contributor
Careers
I write actionable interview, career and salary advice.



GM And United Auto Workers Reach Tenative Agreement To End Month-Long Strike
The employment figures were strong, especially in the face of striking GM workers, which stalled ... [+]GETTY IMAGES
The longest period of economic expansion in United States history continues with Friday’s release of the October jobs report. The Labor Department reported that America added 128,000 jobs last month. This keeps U.S. unemployment hovering at a low 3.6%.

Despite overall skepticism, there was plenty of positive news in the report, which surprised many economists and forecasters. The employment figures were strong, especially in the face of striking GM workers, which stalled business production at the large automaker, Boeing’s grounding of a promising, new jet after two deadly crashes with its aircraft, worries about fallout from trade and tariff battles and the loss of 20,000 temporary census workers.

Job creation in both September and August were revised upward by 95,000. Growth in worker wages outpaced inflation and average hourly earnings climbed 3%—compared to the same period last year. Total U.S. employment hit a new high, as 158.5 million people are participating in the workforce.

Today In: Leadership
The unemployment rate for African Americans fell to a new record low of 5.4% and so did Hispanic at 4.1%. Asian Americans have an exceptionally low unemployment rate at 2.9%. Adult men and women are both at 3.2% unemployment. To put these numbers into perspective, economists maintain that 4.1% to about 5% is considered full employment. This amount allows for the usual variety of reasons a person would be in between jobs.

Once again, the professional economists surveyed by the Wall Street Journal were incorrect in their predictions. The analysts were too negative claiming that payrolls would only grow by 75,000 in October. President Donald Trump took the opportunity to tweet-brag about the report."

Too many posts to search, but were we not supposed to be in a recession by now? I was told to wait for it... still waiting but expecting the goal post to move again. Wait for it...

SPIKED: ABC, CBS, NBC Skip Another New High in Jobs Numbers Under Trump

www.newsbusters.org/blogs/nb/tim-graham/...-numbers-under-trump

Blazer Bob wrote: SPIKED: ABC, CBS, NBC Skip Another New High in Jobs Numbers Under Trump

www.newsbusters.org/blogs/nb/tim-graham/...-numbers-under-trump

Why would the propaganda arms of the DNC give their viewers any kind of news that would show them that the economy is still doing well and more people are working than ever before? Just is likely to be aired would be any new scientific data that would go against current climate change theories. The people should know only what the media thinks they should know.

www.advisorperspectives.com/dshort/updat...loyed-september-2019

The devil is in the details.......number of hours worked vs. number of hours wanted....part time
instead of full time....hours cut to avoid paying benefits/or more cost over head....I can post
MORE sources if you wish, BUT this is a start ,if you click on all topics.

www.advisorperspectives.com/dshort/updat...loyed-september-2019

What you fail to understand is the macro vs. micro.....DETAILS that will result in ANY economic
blip that will blow up the economy...since GLOBAL is doing do swell.

The newsbusters report was regarding what was broadcast on the nightly news. The point being that they buried the lede. Are you suggesting the media does not have a liberal bias or just that this story is inaccurate?

Verb. (idiomatic, US, journalism) To begin a story with details of secondary importance to the reader while postponing more essential points or facts. The news account started by recounting details of the candidate's appearance and buried the lede by not mentioning his new call for tax reform until the 19th paragraph.

ScienceChic wrote:

Blazer Bob wrote: SPIKED: ABC, CBS, NBC Skip Another New High in Jobs Numbers Under Trump

www.newsbusters.org/blogs/nb/tim-graham/...-numbers-under-trump

This is an example of bias, and why it's important to fact-check what you read and agree with to be sure that what they are saying is true and it's not just reinforcing your beliefs.

Because this claim by Newsbusters is untrue.

ABC: US adds a higher than expected 128,000 jobs in October
By CATHERINE THORBECKE | Nov 1, 2019

CBS: Employers added 128,000 jobs in October despite 40 day strike at General Motors
November 1, 2019

CNBC: October job creation comes in at 128,000, easily topping estimates even with GM auto strike
Jeff Cox, @JEFFCOXCNBCCOM | PUBLISHED FRI, NOV 1 20198:30 AM EDT

CNBC: Jobs report gives Trump a major boost in China trade talks
Jake Novak @JAKEJAKENY, Opinion | FRI, NOV 1 2019

CNN: The US added 128,000 jobs in October, topping dour forecasts
By Anneken Tappe, CNN Business | Updated 12:09 PM ET, Fri November 1, 2019

It would be nice if our President could get it right though.

USA Today: Trump boasts of 'blowout' 303,000 jobs report, leading economists to puzzle over his math
By Paul Davidson and David Jackson, USA TODAY | November 1, 2019