Dow -651....Nasdaq - 518. trmps policies are destroying America.

[spanone]

[Justice matters.]

1. Inflation is going up.

+$2,400/year = +$200/month = +$50/week (on average)

[NewHendoLib]

2. I'm sure he and his are manipulating like crazy and profiting

Whether going up or down. Too bad no one with authority cares about his grifting.

[Greg_In_SF]

3. Dow down today

but up 2.58% on the year.

[onenote]

8. And up over 8 percent since Aug 1 2024.

[WarGamer]

4. Both hit all time highs this week... it's just consolidation.

Coming from a daily options trader.

[spanone]

5. Markets fall further on Wall Street as jobs report, revisions set off economic alarm bells

Stock markets plunged Friday after a weak jobs report and major downward revisions to May and June employment figures set off alarm bells about the direction of the U.S. economy.

The U.S. added only 73,000 jobs in July and the unemployment rate stayed flat at 4.2 percent, according to data released Friday by the Labor Department. That was well below the expectations of economists, most of whom projected job gains of at least 100,000 in July.

Job growth in May and June was also far lower than first reported, according to the Labor Department, which shaved 258,000 jobs off of its past two reports.

The bad jobs news followed President Trump’s Thursday night announcement of higher tariff rates on dozens of nations that hadn’t yet agreed to trade deals with the U.S., hours before his suspended “reciprocal” tariffs were set to take effect Friday. Those new rates will take effect Aug. 7.

https://thehill.com/homenews/administration/5430914-live-updates-jobs-economy-trump-tariffs/

[BannonsLiver]

6. That one is a huge fan of Trump economic policy.

And has made that clear Ad nauseam since January.

[BannonsLiver]

7. Oh God thank you.

I can’t get enough of unintentionally funny things.