Anonymous #2 19h

Frankly idgaf if the NASDAQ hits 50k if people can’t afford to live lmao. Which BoL report? Jobless claims?

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Anonymous OP 18h

It was nonfarm payroll. I even pointed out the feb and march adjustments making his point pretty irrelevant. And I’m fully with you here, I had to tell him it doesn’t matter bc we’re being priced out of our own economy

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Anonymous #2 18h

Wasn’t March good? Does feel like they’re lowballing the forecasts though

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Anonymous OP 18h

March was pretty good but February was something like -132,000. The adjustments were an extra -23,000 for February and only +7,000 for March though. And yeah expectations/forecasts change a lot with revisions, monthly reports, and macroeconomic events. Look at the CPI, they’re still not too sure how the war is gonna affect it even in the short-run, making forecasting more difficult.

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Anonymous #2 17h

Oooh right, yeah 😬

1