Tag Team Rally!
- Tag team Friday! The combination of a strong jobs number with statements from the Federal Reserve Chairman Powell sent the market up!
- Dow and SP500 up over 3%, and the NASDAQ surging over 4%.
- Jobs data was fantastic, beating the analysts’ expectations. Wage growth numbers are good, too. Labor participation is increasing. Consumer spending is at least 2/3rds of the economy.
- Remember when some thought manufacturing jobs would never come back? *Casts quick glances at Obama and Krugman*
- One amazing job stat is the one comparing growth in government jobs vs. growth in manufacturing jobs. The latter surging under Trump, while government jobs surged under Obama.
- Netflix up just over 9.7% when Bandersnatch-viewing analysts at Goldman Sachs were asked “Add $NFLX to conviction list?” chose “Fuck yeah!”
- How are you surviving the partial government shutdown? Seems like the biggest impact is that national parks’ trash cans and bathrooms are overflowing.
- At least the government is meeting and discussing how to resolve the budget and border security. Seems like Trump has the upper hand, though.
- Disney planning on opening Star Wars in June at Disneyland, Anaheim. Maybe June 21-23? CROWDS!
- I think the biggest Apple issue going forward is deflation on the price of “good enough” smart phones. Why spend $1000 when you can get what you need for much less? Or just replace the aging battery on your older iPhone, and keep on going. Is there a reason to upgrade as long as your current phone functions?
- 5G will be the next upgrade catalyst…
- Kudos to Netflix for Bird Box. People are going to the house in Monrovia to pose in photos! - LA Times
- I’m currently binging “I’m Sorry” on Netflix. Pretty funny in an adult kind of way. Might be too much after a few episodes. But… After Bird Box and Black Mirror Bandersnatch, I was ready for some laughs. Might have to binge season 2 of “Friends from College” next. Despite the critics, I liked season 1!
Source: http://thelearningcurve.blogspot.com/feeds/1811154257761892804/comments/default
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