What the Jobs Report Says About Inflation and the Economy: March’s Nonfarm Payrolls | Market Takes

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  • Опубликовано: 19 ноя 2024

Комментарии • 51

  • @TheOOOOOOOOOOOOOOO
    @TheOOOOOOOOOOOOOOO 6 месяцев назад +9

    We need you back Dion 🥇

    • @henrysimchuk7023
      @henrysimchuk7023 6 месяцев назад

      Looking for your next readout Dion!?!?

  • @PinoyPens
    @PinoyPens 6 месяцев назад +6

    I miss Market Takes so much

  • @jacquelinew1331
    @jacquelinew1331 7 месяцев назад +6

    I work for the govt on the jobs report. Most of March gains were temp election jobs that last about 2 weeks.

    • @susantillander2080
      @susantillander2080 7 месяцев назад

      What kind of jobs are those? Wouldn’t election jobs last until November?

    • @jacquelinew1331
      @jacquelinew1331 7 месяцев назад

      @@susantillander2080 LA County had 644 polling locations. Each poll center needs approx 11 election workers, 1 tech support. There’s moving teams, setup teams, security teams, ballot teams, call centers and training /supervising staff. It’s impossible to work 2 positions unfortunately. While one is working another is training. The official Election Day is the end of work for about 80% of election workers. Only tear down teams, counting centers work once voting ends.
      I’ve worked 8 elections as a temp worker. The longest time I’ve been reporting was 16 days with Sundays off.

  • @BaccaratDegen
    @BaccaratDegen 7 месяцев назад +3

    I found Deion after listening to the Compound podcast. I looking to see where he lands at his new job, after WSJ decided to part ways.

    • @nomadicmariner
      @nomadicmariner 5 месяцев назад

      And now I must part ways with WSJ for parting ways with Deion. He always received very good feedback on the Market Takes vids. Not sure why WSJ decided to part ways with him. Hopefully he goes on to launch his own podcast.

  • @luismigueldelatorregalvez9448
    @luismigueldelatorregalvez9448 6 месяцев назад +1

    We need more of this guy

  • @beaumac
    @beaumac 7 месяцев назад +5

    As we’ve been saying for months, higher rates for longer. Get used to it. There are no rate cuts coming. Asset prices will explode once this reality is accepted by the masses.

    • @toaajose4086
      @toaajose4086 7 месяцев назад

      Agree with your observation. 5% rates are the historical norm .
      The 1% rates were an anomaly, (a hangover from the FC in 2008 extended due to covid) that have blown so called assets ie home values out of proportion boosted by the prevoous abnormally low rates.

  • @johnnyosgrillhideaway7247
    @johnnyosgrillhideaway7247 7 месяцев назад

    Excellent as always, Mr. Rabouin. Thank you. Looking forward to your next Market Takes.

    • @DionRabouinWSJ
      @DionRabouinWSJ 7 месяцев назад

      Appreciate it. Thanks for tuning in and for the kind words

  • @Rastebb
    @Rastebb 5 месяцев назад

    Desperately missing these. Thought my algo was broken cause i hadnt seen you in a while

  • @zeone311
    @zeone311 7 месяцев назад +2

    You're always terrific Dion! Love how you keep things casual and the research you share!

    • @DionRabouinWSJ
      @DionRabouinWSJ 7 месяцев назад

      I appreciate that! Thanks for watching.

  • @davidschneider6306
    @davidschneider6306 7 месяцев назад +2

    We will never control inflation as long as we tolerate monopolized manufacturers who operate with little or no competition.

    • @Quantdummy
      @Quantdummy 6 месяцев назад +2

      the fact that no one has even thumb'ed this comment says a lot about the sheeple mindset retail folks have. sad

  • @MangoFlamingo
    @MangoFlamingo 7 месяцев назад +3

    Strong jobs! Gov employment and part-time wendys job lol

  • @obscureorca
    @obscureorca 7 месяцев назад +2

    Yo Dion, how much do you bench man? Your chest is going through an inflationary period too

  • @Clint-stanley
    @Clint-stanley 7 месяцев назад +1

    Nice summary Dion.
    1. I see jobs being added at a good rate but actual participation rate unchanged. Is there something going on with the quit rate? Are people trading up in their jobs? How long are people staying in there jobs?
    2. Glad you pointed out the housing related jobs almost doubled. You past reviews led me to believe the Fed is counting on that to curb inflation. Figure it will take time. Is there a figure on how long housing growth takes to kick in. Say a 6 month lag or is it 9 months?

  • @JeffTMagic
    @JeffTMagic 7 месяцев назад +3

    Always great - love listening and learning

    • @DionRabouinWSJ
      @DionRabouinWSJ 7 месяцев назад +1

      I love it! That's what it's all about

  • @susantillander2080
    @susantillander2080 7 месяцев назад +3

    Why doesn't he mention the fact that most of the jobs were part-time and there was a drop in full-time jobs?

    • @deepmind3996
      @deepmind3996 7 месяцев назад +1

      Like he said there's a lot of retail trader money in the market, he needs them to keep believing the hype so that when the time comes the wealth transfer will be complete. If he gives us the full picture it will put retail traders at a level playing field with institutional investors which doesn't serve their purpose 🤣🤣

    • @susantillander2080
      @susantillander2080 7 месяцев назад

      @@deepmind3996 Wow! You make a lot of sense.

  • @jovannyvelarde5298
    @jovannyvelarde5298 25 дней назад

    Hey Dion, sue those cops for violating your rights. Hope you weren’t fired due to what happened at chase bank. We need your takes on the market bro

  • @BlyUTK
    @BlyUTK 7 месяцев назад

    I love the (welcome)^3 opening!!

    • @DionRabouinWSJ
      @DionRabouinWSJ 7 месяцев назад +2

      I gotta give the people what they want!

    • @blymark83
      @blymark83 7 месяцев назад

      How you have only 35,000 followers is astounding to me. The quality, objectivity, and reliability of your contributions are (as far as I've found) unmatched on RUclips.

  • @jasonzola3590
    @jasonzola3590 7 месяцев назад

    Interesting that good news was good news today. Rate cuts looking very unlikely- unless numbers aren’t telling the story

  • @firstlast8258
    @firstlast8258 7 месяцев назад +3

    The numbers don't lie but liars use numbers 🤓 🖕

  • @mgnfcnt7628
    @mgnfcnt7628 7 месяцев назад +1

    The Coolest To Ever Do It!! Thank you Dion 😊 you definitely Cut Through The Noise 💪🏽

  • @soenaing2004
    @soenaing2004 6 месяцев назад

    What happen to April job reports breakdown?

  • @somewhereoutthere1808
    @somewhereoutthere1808 5 месяцев назад

    Employers should be heavily fined for posting Ghost Jobs and for excessively/repetitively posting and then canceling jobs.

  • @rustykatt3870
    @rustykatt3870 7 месяцев назад +1

    Excellent video! Thank you!

    • @DionRabouinWSJ
      @DionRabouinWSJ 7 месяцев назад

      Glad you liked it. Thank you for watching!

  • @iceman.83
    @iceman.83 7 месяцев назад

    Nice shirt 👍

  • @lordprettyflackojodye2262
    @lordprettyflackojodye2262 7 месяцев назад +1

    hey, can you please add subtitles? I have hearing problems and need hearing aids. Its hard to focus for me with my ears on so much information in a short time. Thanks.

    • @rustykatt3870
      @rustykatt3870 7 месяцев назад

      Hi lord- I pressed the cc (closed caption) button on the bottom right part of the screen and it seemed to work, giving me subtitles. Does that help for what you need?

    • @lordprettyflackojodye2262
      @lordprettyflackojodye2262 7 месяцев назад +1

      @@rustykatt3870 yes the cc seems now to be activated! Thanks!!!

    • @DionRabouinWSJ
      @DionRabouinWSJ 7 месяцев назад +1

      Yes, closed captioning should be enabled for all of our videos. Thanks for watching!

  • @guilhermecarvao2846
    @guilhermecarvao2846 7 месяцев назад

    Reflation ? Real asset purchase?

  • @metrocabinet
    @metrocabinet 7 месяцев назад

    Please will somebody do a survey are data collection on small Remodeling and home repair services. I keep hearing that this consumer is strong well they have pulled out dramatically the phone is not ringing in this sector nearly as much as it would under a normal economic circumstance economic circumstance. Trust me the consumer is pulling back this is not a valid assertion that you make