US Edition“Good News” Data Hiding A Layoff Bomb
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“Good News” Data Hiding A Layoff Bomb
Last week’s jobs data came in solid, boosting the market as we headed into a delightful holiday weekend. But now that the festivities are over — it’s time to come clean… Because in reality, last week’s print was BS. It was a massive miscalculation that misrepresented the reality of today’s economy in a very big way. And the Federal Reserve is about to run with it. In today’s episode, we’re going to “zoom out” and look at the actual process that …
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