r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

Post image
2.3k Upvotes

94% Upvoted

697 comments sorted by

View all comments

417

u/Emilio___Molestevez 1d ago

JPow is neither obligated nor inclined to clean up Don's mess. $SPY going under $500 after he talks.

64

u/Various_Car8779 1d ago

He's obligated to step in when unemployment spikes

1

u/JGWol 1d ago

And unemployment was down today and job numbers were good. So spy is going to nosedive against expectations cause forward earnings are now all crushed thanks to tariffs

6

u/MasterGrok 1d ago

Unemployment was up.

3

u/JGWol 1d ago

Oh sorry I was looking at U6

1

u/Dr-McLuvin 1d ago

That’s only because labor force participation was up. The actual number of people of employed is increasing.

1

u/MasterGrok 1d ago

Yes the equation for unemployment includes both force participation and number of employed.

1

u/Dr-McLuvin 1d ago

Someone explain to me why this is a bad thing.