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they are LYING about the data
the numbers are far worse than they want to admit
So sick of the weak fed not doing their job because they are scared of shocking the stock market while inflation eats away at my money. Worst ever thanks!
I'm not buying into this labor report at all and took up short positions with SQQQ and SDOW at the end of the market day. The jobs being created are mostly poor jobs so the economy will be very poor going forward. More and more people are working, but getting nowhere because wages are dropping and are being outpaced by inflation. I just don't trust this jobs report and expect the numbers to be revised quite a bit lower next month and it's the perfect time to short the market
Hard landing
Aka , we're in the eye of the storm 🤔
Rich ppl are dumping stocks to go to cash. This has the feeling of a pump-n-dump.
From here, we've been in a recession since they destroyed the Mortgage & Real Estate industry. 2/3 of those jobs gone overnight which is millions of people. Job report & probably most of govt data is BS! 🙄 Job market keeps lower class down. We're on our own.
A good jobs report tells the fed they haven't hurt the jobs market, and are clear to raise another .25 percent.
CNBC gaslighting the fuggh out if retail as usual
Hit last year's high…sell now. Its took 2 months to reach 3600.
This must of been what was like in 1987 right before Black Monday. "EVERYTHING'S Great!" 🙂
Keep drinking the Kool-aid.
I make north of $150K and its difficult to make ends meet. Inflation is a wealth killer.
We are good and ready for another 50 points raise. 🎉
I think this rally is 1000% tied to the economic and growth news in recent weeks. Debt ceiling resolved, strong jobs report suggesting no recession or soft landing, open source AI, fed hiking cycle ending very soon. I remember the S&P was at 4800 Nov 2021 and dipped to 3550 in October 2022 because of the fed hikes and QT. Yes PE's were unrealistic but still… This market is nuts.
Why don’t you guys just go home
Thesis won’t save anything we go with the animals boys
Inflation ain’t coming down it’s getting worse
Look at her an tell me this is what it is just play with chalk and quit the talk
All for nothing homemade dreamer
Too early in the cycle to see meaningful losses in employment.
Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.
Just proves they don't have a clue when they change their outlook on a weekly basis.
"You would be seeing a negative jobs report right now" – Rate hikes take around 12 month to have economical impact, no ? +75 bps rate hikes started only LAST JUNE and theres another +75 x3 effect for next months. I am pricing in the next months from here on out to be danger zone
You cant come to realistic and intelligent conclusions when the facts and fundamentals you are working with are complete BS.
Fraud election
These idiots in Brandon's ship of fool's renamed the 2 quarters of negative GDP to "not a recession". We already had the recession! It was recession lite aka "not a recession".
Confirmation bias. For 13 month the conference board of leading economic indicators has been negative; nominal gross domestic income is flat and real domestic income is falling; savings rates are receding, credit card debt is at its highest level, and by September Student loan debt payments resume. Even the jobs report was not all roses: unemployment went up, and hours worked has been declining. There are plenty of signs of weakness yet Jim Lebenthal did not question any of his guests. I guess as long as you have a pulse you too can work for CNBC.
Oh, and when everyone thinks the soft landing is in the bag, isn't that the time to question it. Recessions are like an odorless gas. You do not know you are in one until all of sudden you pass out. (Low) unemployment will be the last coincident indicator to move towards recession – it already rose 0.3% and when that happens from a flat trend the probability of recession is high.
Unfortunately the bubble is ready to burst. #HOUSINGBUBBLE2023
This week itself!!
Interest rates goes up >>
Unemployment goes down >>
Interest Rates go up >>
Demand continues to fall >>
Businesses cant afford to keep people>>
Less demand >>
More layoffs >>
Good luck people ❤
Investment is your only way up to financial freedom. financial growth happens with a steady engagement in financial stability through solid investment. those who leave it to market dynamics to determine when to trade or not are either new to the Market or are probably just naïve. The market has seen far worse times than this, enlightened traders are taking advantage of the dip and pumping even more towards trading sessions <I stopped panicking about my BTC the very moment I started working with Mr K last year, his confidence and skills is on a maximum level..
with the ongoing effects of high inflation, lower forecasted stock market returns, and stagnant wages, achieving a secure early retirement could be more challenging than ever before.
How many illegal aliens have been addded to the workforce just since Jan wirh zero inclusion into these fake stats?
Lol keep buying!!😂😂😂😂
Lol anyone that is bullish should not be on tv, their clueless.