Just More BS From The BLS

Fri, Dec 3, 2021 - 10:30am

Just another reminder of why we call it the BLSBS. Also just another reminder of how frustrating the year 2021 has been for all of us.

It's the first Friday of the month and, by now, you know what that means....the latest US jobs report which we call the BLSBS. And why? Because it's nothing but statistical garbage that's passed off as some sort of accurate assessment of how the US economy is performing.

For your latest example, consider this. Last month, everyone in the MSM was all excited because the number "exceeded expectations". However, and as we were quick to point...

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Key Economic Events Week of 1/24

1/24 9:45 ET Markit Flash PMIs for January
1/25 9:00 ET Case-Swiller home prices
1/25 10:00 ET Consumer Confidence
1/26 2:00 ET FOMC Fedlines
1/26 2:30 ET CGP presser
1/27 8:30 ET Q4 GDP first guess
1/27 8:30 ET Durable Goods
1/28 8:30 ET Personal Income and Spending
1/28 8:30 ET Core PCE
1/28 10:00 ET UMich 5-yr Inflation Expectations

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