Analysts were left shocked Wednesday after ADP released its latest jobs report that showed private employers had shed 32,000 jobs in September, a stark contrast to the expected gain of around 50,000 jobs.
The latest job numbers follow a wave of bad economic news for Trump, who raged against previous reports that showed a sharp decline in job growth, going as far as to call job numbers coming out of his own administration “rigged,” and firing the BLS chief in retaliation.
“It’s a great time to buy on Wall Street! Everyone’s saying it”
Big guy, crying, told me to buy. He said, says, crying. He said. Buy! Buy! And I says to him. I says. Said. Yeah I guess that’s what I said. I don’t know, we’ll see.
It feels like the last six months there’s always been bad economic news, but then the stock market rises anyway and the reported reason is that the news “wasn’t as bad as expected”.