r/wallstreetbets 3d ago

Discussion 5 rate cuts ๐Ÿ˜ฎ

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2.4k Upvotes

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u/Emilio___Molestevez 3d ago

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

66

u/Various_Car8779 3d ago

He's obligated to step in when unemployment spikes

-2

u/JGWol 3d 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

4

u/MasterGrok 3d ago

Unemployment was up.

1

u/Dr-McLuvin 3d ago

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

1

u/MasterGrok 3d ago

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

1

u/Dr-McLuvin 3d ago

Someone explain to me why this is a bad thing.