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2024-06-06 Economy

"Buy Everything": S&P Hits All Time High As Nvidia Passes $3 Trillion

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Posted by Besoeker 2024-06-06 01:55|| || Front Page|| [11134 views ] Top

#1 Wall Street Admits The Biggest Economic Shocker: All Jobs In The Past Year Have Gone To Illegal Aliens

Posted by Skidmark 2024-06-06 06:12|| 2024-06-06 06:12|| Front Page Top

#2

Remember,

All BULLS are quickly followed be a MASSIVE BEAR Market

Posted by NN2N1 2024-06-06 06:18|| 2024-06-06 06:18|| Front Page Top

#3 Zero Hedge is incorrect about all the jobs going to illegal aliens.

It is true that over the past many months that the native born citizens in the work force have declined and the number of immigrants in the work force have increased. That is basically the effect of demographics with the boomers retiring and the post boomers being less numerous. However, the immigrants are in all probability, legal. In any event the companies who report employment in govt surveys, all certify that their employees are, to their knowledge, legal.

Posted by Lord Garth 2024-06-06 09:16|| 2024-06-06 09:16|| Front Page Top

#4 I suspect, given the lack of enforcement, "legal" is very chimeral for many. As soon as E-Verify is re-energized, retroactively applied, SSAN numbers are actually cross-matched with addresses and returns, duplicates investigated by ICE enforcement, that will evaporate a lot of that "legal status"!

Posted by NoMoreBS 2024-06-06 14:16|| 2024-06-06 14:16|| Front Page Top

#5 NMBS,

a lot of work needed on e-verify
not only improving the system but also requiring employers to use it
right now all federal contractors must use e verify and several States require it

there are also a lot of employers who do not use e verify

probably only a few of the 3 million employers with fewer than 5 employees use e verify and a lot of the 6-20 employee companies are also non users

Posted by Lord Garth 2024-06-06 17:44|| 2024-06-06 17:44|| Front Page Top

#6 Any employer that doesn't use it is a party to tax fraud if they accept a fake or stolen SSN for employment.

Posted by M. Murcek 2024-06-06 18:25|| 2024-06-06 18:25|| Front Page Top

#7 @#2 Fortunately, bear markets don't last as long as bull markets. Bear markets are generally violent (e.g., 2020) and relatively short lived.

Posted by DooDahMan 2024-06-06 20:39|| 2024-06-06 20:39|| Front Page Top

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