Payroll Report Sends Market Into Free Fall

September 6, 2024 11:59 am by CWR

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Payrolls context in a chart pic.twitter.com/ROiFjzSGIb

— Patrick Saner (@patrick_saner) September 6, 2024

Full-time employment fell by almost 500,000 – offset by gains in part time & foreign born employment.#MacroEdge pic.twitter.com/S3OvfyoxiJ

— MacroEdge (@MacroEdgeRes) September 6, 2024

See also This market is so decadent & depraved even tragedies are bullish. Costco's price-to-earnings ratio currently stands at 60. Liquidity is deteriorating.

See also The housing market is frozen. No buyers, no sellers, as prices aren't agreed on. Annual income needed to buy a house reaches a 125-year record high.

50bp cut to slow the spread pic.twitter.com/KG2UUq64E3

— Don Johnson (@DonMiami3) September 6, 2024