One good piece of economic news if the data is correct, inflation is finally retreating, although prices are still sky high.
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A few weeks ago it looked like the labor market might be turning a corner when the estimate of jobs doubled expectations in January. Unfortunately it hasn't.
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Today is the right day to discuss the economy! Tougher immigration, high prices and extreme weather are to blame for a sharp population decline in the US which resulted in $103.9 billion less dollars and 741,500 less jobs.
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In fact, manufacturing is expanding and has reached its highest point in four years. Demand is growing and orders are being made for equipment.
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On the leasing side, industrial demand has overtaken supply, leaving the sector in a very strong position to enter 2026.
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U.S. businesses made manufacturing reorders after the holidays, leading to U.S. factory growth for the first time in a year.
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Let’s talk about industrial today, where we find some mixed messages. The manufacturing sector continues to decline, for 10 straight months now. But it is not all gloom and doom here!
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Trade tariffs on India went from 50% to 18% after they agreed to not buy oil from Russia anymore.
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On the other hand, & a clear sign of the 2 economies that have taken place (1 for the rich & the other for everyone else), consumer sentiment was up in Feb for the 3rd month in a row. It's fm people who own stocks, makes sense.
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Consumer confidence plummeted in January to its lowest level since 2014.
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Let’s talk economy today! All of the trade tariffs and immigration lockdowns are having a negative effect on the U.S. economy as investors look to other parts of the world to invest their money.
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Australian AI firm Simpro Group has chosen Miami as its North American HQ.
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Yes a Japanese woman just married her virtual partner. Is it an AI dream or nightmare??
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People seem to love AI but less than one in five consumers would trust it make a purchase for them. I guess money is where they draw the line, but you will be shocked at the things people are turning to it for.
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Speaking of jobs, the delayed report finally came out in December and it doesn’t look good. But somehow the unemployment rate fell slightly, which just seems impossible. It does make me question the accuracy of the data.
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Did you think that everything was OK economically since trade tariffs were levied? Corporate bankruptcies have hit their highest point in 10 years and they will continue to grow this year.
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Today we discuss the economy. Floridians that get their insurance through state backed insurer Citizens are in for a great surprise this year! For the first time in 10 years they are reducing their rates.
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Trade tariffs are really hurting China’s economy, which was already in bad shape b/f them. Checkout what happened to their economy in Nov, it wasn't good, & in the middle of record exports no less.
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There is no question that trade tariffs are forcing some international companies to move at least some of their manufacturing to the U.S. Ikea is the latest to expand in the US to avoid tariffs.
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Given’s China’s record exports last year, more and more countries are putting trade tariffs on them. Now it is Mexico, the U.S.’s biggest trading partner.
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Today we discuss the trade tariffs weighing heavily on the U.S. economy. They will be felt next year and probably a lot more since they are rising and new ones are being added.
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People continue to turn to AI with personal issues and they are resulting in lots of bad things. Suicide and delusions top the list.
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Amazon also made a $50 billion dollar deal to provide AI services to U.S. Government agencies, allowing them to utilize the technology.
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Amazon just announced a $38 billion dollar partnership with OpenAI, but it sounds like Amazon is helping OpenAI way more than OpenAI is helping Amazon.
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Let’s discuss AI today! Clearly we're in the midst of an AI boom right? So why r all these AI companies going out of biz like Robin AI? I understand the failed funding here, but that speaks 2 a lack of confidence 4 some reason RT?
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While the U.S. Government labor statistics were delayed, ADP and Stanford Digital Economy Lab released their own report. 40,000 jobs were expected to be added in November. Instead 32,000 jobs were lost.
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Let’s discuss the economy today! There are bad signs mounting & 1 of them is the revenue per rm of hotels. It's down 4 the 1st time since 2020, & the last time b/f that was 2009. Both of those yrs were terrible economic situations
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Target just laid off 1,800 people, the most they have in 10 years. 1,000 of them are actual employees being laid off, 800 were open positions that will no longer be filled.
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Now that all the “AI isn’t going to take jobs” nonsense is out of the way, here are some real numbers to consider. One hundred million U.S. jobs lost in the next decade due to AI and automation.
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Kids that are coming out of college are facing a super tough environment right now in terms of finding jobs. Young people in general, are having to compete against AI and are losing.
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