Geiger Capital
@Geiger_Capital
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Markets/Economics/Politics | RIP Paul Volcker š Personal Views. Not Investment Advice.
Joined December 2011
Illegal immigrant arrested twice for DUIā¦. They continued to release him. Now he has killed a mother and daughter. These policies are insane. Itās treason.
NEW: DHS confirms that the suspect arrested for killing a mom & her daughter in a head on car crash in the sanctuary state of New Jersey is a Mexican illegal alien who had been arrested for two DUIs in NJ in April & March, and had a domestic violence arrest in NJ in 2023. Raul
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JFK and LBJ started the Presidential Fitness Test because they saw that American children were becoming out of shape and ātoo softā. JFK considered it a risk to the nation. The feeling of decline in America is because we replaced men like JFK with men like this:
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What is happeningā¦. Adriana Kugler, a voting member of the Federal Reserve, is resigning next week. Trump gets to appoint her replacement. Powell will now have a third dissenting vote in September if he still doesnāt want to cut.
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BREAKING:. President Trump announces the new Bureau of Labor Statistics Commissioner.
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*TRUMP ORDERS FIRING OF LABOR STATISTICS COMISSIONER, ALLEGING DATA MANIPULATION. Weāre going full blown banana republic.
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Stanley Druckenmiller
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RT @Geiger_Capital: @JamesSurowiecki No. The graph shows the employment level indexed to 2007, to show a different perspective of the dataā¦.
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Once againā¦ the Fed is behind the curve. 71% chance they cut in September. With another jobs report before the meeting, I wouldnāt sleep on a 50bps cut at 6%.
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> The Fed is ādata dependentā. > All of the data is wrong
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I specifically note ālegal + illegalā immigrants because the Government does not seperate the two groups in their data for foreign-born workers. However, based on the numbers, a large percentage are certainly illegal immigrants.
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Powell seeing the jobs data and realizing that Trump was right, he may actually be āToo Lateā.
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Holy. Shit. I thought this was a typoā¦. In the last 4 months, native-born Americans have gained 1.8 MILLION jobs. Meanwhile, 1.5 Million foreign-born workers (legal and illegal) lost a job. A sharp reversal of the last few years.
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2-month negative revision of -258k. Largest since 2020.
Surprise, surpriseā¦. June jobs revised: 147K ā”ļø 14K (-133k).May jobs revised: 144K ā”ļø 19K (-125k). 15 of the L17 have been revised lower.
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Surprise, surpriseā¦. June jobs revised: 147K ā”ļø 14K (-133k).May jobs revised: 144K ā”ļø 19K (-125k). 15 of the L17 have been revised lower.
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