r/wallstreetbets 1d ago

Discussion 5 rate cuts ๐Ÿ˜ฎ

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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

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u/MasterGrok 1d ago

Unemployment was up.

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u/Dr-McLuvin 1d ago

Thatโ€™s only because labor force participation was up. The actual number of people of employed is increasing.

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u/MasterGrok 1d ago

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

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u/Dr-McLuvin 1d ago

Someone explain to me why this is a bad thing.