Economic News

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nycfan said:


🎁 —> https://www.wsj.com/economy/jobs/20...0?st=HDcrTf&reflink=desktopwebshare_permalink

“… At a gathering of CEOs in Midtown Manhattan this month organized by the Yale School of Management, 66% of leaders surveyed said they planned to either fire workers or maintain the size of their existing teams next year. Only a third indicated they planned to hire.

… The reluctance to add staff reflects concerns about the economy, along with the belief that artificial intelligence could handle more work inside major companies. Other employers hired too many people after the pandemic and are still correcting for that.

“We’re close to zero job growth. That’s not a healthy labor market,” Federal Reserve governor Christopher Wallersaid at the Yale summit. “When I go around and talk to CEOs around the country, everybody’s telling me, ‘Look, we’re not hiring because we’re waiting to try to figure out what happens with AI. What jobs can we replace? What jobs do we don’t?’”…”
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I am intended to believe gdp was also 4.3% in the same environment?
 
nycfan said:


🎁 —> https://www.wsj.com/economy/jobs/20...0?st=HDcrTf&reflink=desktopwebshare_permalink

“… At a gathering of CEOs in Midtown Manhattan this month organized by the Yale School of Management, 66% of leaders surveyed said they planned to either fire workers or maintain the size of their existing teams next year. Only a third indicated they planned to hire.

… The reluctance to add staff reflects concerns about the economy, along with the belief that artificial intelligence could handle more work inside major companies. Other employers hired too many people after the pandemic and are still correcting for that.

“We’re close to zero job growth. That’s not a healthy labor market,” Federal Reserve governor Christopher Wallersaid at the Yale summit. “When I go around and talk to CEOs around the country, everybody’s telling me, ‘Look, we’re not hiring because we’re waiting to try to figure out what happens with AI. What jobs can we replace? What jobs do we don’t?’”…”
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This is the economic chicken that will be coming home to roost in 2026
 
The stock market tends to go up way higher and for a longer period of time than it should. The same is true on the downside. It's called herd mentality.

When Greenspan coined the phrase (irrational exuberance) the market continued to go higher for a long time. This is why it is impossible to time the market.
 
Kraftyheel89 said:
The stock market tends to go up way higher and for a longer period of time than it should. The same is true on the downside. It's called herd mentality.

When Greenspan coined the phrase (irrational exuberance) the market continued to go higher for a long time. This is why it is impossible to time the market.
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But the market always delivers over time.
 
IllegalMotion9999 said:
Motley Fool does great work. This article sure does make it seem like a market correction/crash/calamity of some sort is almost guaranteed in 2026, based on P/E ratio and Buffet Indicator. Thoughts?
www.fool.com

Is the Stock Market Going to Crash in 2026? 2 Historically Flawless Indicators Paint a Clear Picture. | The Motley Fool

These two metrics have an immaculate track record of portending turmoil on Wall Street, dating back to 1871.
www.fool.com www.fool.com
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It feels like "everyone" is saying a big correction is coming in the next 0 to 5 yrs, but most say timing is still entirely guesswork since the market has been so bonkers the last X yrs.

It feels like every investor has the same "big picture" info and everyone is using the same algorithms, probably similar levels of risk, just adjusted for timelines based on age, so the market has achieved a hivemind. And right now we're all buyers watching the AI thing play out.
 


🎁 —> https://www.wsj.com/tech/biotech/ph...6?st=PaUxqV&reflink=desktopwebshare_permalink

“… Boston’s biotech sector, long a vital economic engine for one of America’s wealthiest metro areas, is sputtering. A double whammy of cutbacks in venture capital and government funding have taken a toll, leading to layoffs and struggles for job seekers.

For workers who thought they would easily launch into a well-paying science career, the downturn has been especially harsh….”
 
nycfan said:


🎁 —> https://www.wsj.com/tech/biotech/ph...6?st=PaUxqV&reflink=desktopwebshare_permalink

“… Boston’s biotech sector, long a vital economic engine for one of America’s wealthiest metro areas, is sputtering. A double whammy of cutbacks in venture capital and government funding have taken a toll, leading to layoffs and struggles for job seekers.

For workers who thought they would easily launch into a well-paying science career, the downturn has been especially harsh….”
Click to expand...

I wonder about the Life Sciences firms in NC?
 
nycfan said:


🎁 —> https://www.wsj.com/tech/biotech/ph...6?st=PaUxqV&reflink=desktopwebshare_permalink

“… Boston’s biotech sector, long a vital economic engine for one of America’s wealthiest metro areas, is sputtering. A double whammy of cutbacks in venture capital and government funding have taken a toll, leading to layoffs and struggles for job seekers.

For workers who thought they would easily launch into a well-paying science career, the downturn has been especially harsh….”
Click to expand...

This is a bad sign, both for the future of the United States as a world leader and for the health of Americans and people around the world.
 

"Home sales in 2025 are likely to be at or near three-decade lows. Many economists and analysts, however, expect the housing market will gradually start to normalize as inventory levels improve, mortgage rates move lower, and wage growth outpaces gains in home prices."

This makes me feel a little better that my house has not sold after going on the market in July. A lot of people are sharing my pain. I think I might start a support group.

I never thought that I would be a not proud owner of two primary residences.
 
heelinhell said:

"Home sales in 2025 are likely to be at or near three-decade lows. Many economists and analysts, however, expect the housing market will gradually start to normalize as inventory levels improve, mortgage rates move lower, and wage growth outpaces gains in home prices."

This makes me feel a little better that my house has not sold after going on the market in July. A lot of people are sharing my pain. I think I might start a support group.

I never thought that I would be a not proud owner of two primary residences.
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Very strange in my neighborhood Couple years ago signs would go up-if you did not call in 3 days with a bid higher than the asking price you lost out
The last year signs stay up a real long time. One place near by just never sold-and the nice guy is moving back in
 
mpaer said:
Very strange in my neighborhood Couple years ago signs would go up-if you did not call in 3 days with a bid higher than the asking price you lost out
The last year signs stay up a real long time. One place near by just never sold-and the nice guy is moving back in
Click to expand...
Same in my neighborhood last year .Homes were selling within a week with bids higher than the asking price. Hence my surprise.

I blame Biden, Obama, Clinton, and Carter...
 
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