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Re: Tommy Two Times post# 4740

Wednesday, 03/01/2017 9:31:08 AM

Wednesday, March 01, 2017 9:31:08 AM

Post# of 19173
From what I understand if the unemployment number is ticking up that indicates people are out looking for work and is actually positive. If the number ticks up past a certain level I'm sure the Fed will use it as another crutch to hold off on any hike. I just heard this morning Hershey chocolate will be laying off thousands.

IMO we won't see any increased GDP numbers UNTIL the positive changes Trump's doing actually kicks in to help growth. The market is only rising from the expectation of how Trump's programs will improve GDP. What's priced into the market now is anyone's guess.

Gold and mining shares may not come back now until after the Fed meeting regardless of whether they raise then or not. The correction will be over at that point and it will be safe to go back into the water again.

Trump didn't say anything in his speech last night to roil the markets today, so the irrational exuberance continues. LOL