Trump Blasted as ‘Irresponsible Wanna-be King’ After Firing Labor Data Chief Over Bad Jobs Report

3 comments

1. All he does is cry about how the fed needs to lower rates. After the FOMC left rates unchanged this week, he lost it, of course. The market went from pricing a September rate cut from like 64% to 45% after Powell’s press conference on Wednesday. But After the employment numbers yesterday, the market is now pricing in an 80% chance of a September rate cut. Which of course is the irony. The jobs report was the thing that very well will ultimately give Trump what he really wants.

2. Trump is illiterate

3. I’m so sick of this

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