I was more trying to say that most of the jobs Trump will create are the absolute shit-ass cash jobs no one wanted to do in the first place, after he does his undocumented mass deportation stuff, and boiled the sentiment down to a colloquialism
I really wanna be wrong about this but when companies start stockpiling pre-tariff stuff and moving manufacturing in, it’s gonna show up as a lot of expense and might plunge us into a correction and really dry up the job market. Lots of companies are wringing out earnings beats with revenue misses thanks to layoffs and stuff like that so it’s kinda losing steam to begin with.
I’ve been trying to think why a lot of bajillionaires are sitting on so much cash in this kind of environment, and aside from the market generally looking overpriced/slim pickings, that’s the only other thing I can envision
I was more trying to say that most of the jobs Trump will create are the absolute shit-ass cash jobs no one wanted to do in the first place, after he does his undocumented mass deportation stuff, and boiled the sentiment down to a colloquialism
OK, fair enough.
I really wanna be wrong about this but when companies start stockpiling pre-tariff stuff and moving manufacturing in, it’s gonna show up as a lot of expense and might plunge us into a correction and really dry up the job market. Lots of companies are wringing out earnings beats with revenue misses thanks to layoffs and stuff like that so it’s kinda losing steam to begin with.
I’ve been trying to think why a lot of bajillionaires are sitting on so much cash in this kind of environment, and aside from the market generally looking overpriced/slim pickings, that’s the only other thing I can envision