The BLSBS Is Thick

Fri, Jun 3, 2022 - 9:32am

Well, we don't call it the "BLSBS" for nothing. The monthly "jobs report" is always full of statistical guesswork and gobbledygook and this month's version is no different.

Of course, that's not what you'll hear today from the mainstream financial media. Instead, the parrot The Fed's line of a "robust job market" and "strong economy". But is that true and can one accurately and truthfully draw those conclusions from this report? The chart below... FROM THE BLS WEBSITE ...betrays the SPIN....

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Key Economic Events Week of 6/27

6/27 8:30 ET Durable Goods
6/27 1:25 ET Jul22 Silver option expiry
6/27 10:00 ET Pending home sales
6/28 10:00 ET Consumer Confidence
6/28 10:00 ET Richmond Fed
6/28 12:30 ET Goon Daly
6/29 8:30 ET Q1 GDP final guess
6/29 9:00 ET Chief Goon Powell
6/29 11:30 ET Goon Mester
6/29 1:00 ET Goon Bullard
6/29 1:25 ET Jul22 Silver off board
6/30 8:30 ET PCE and Core PCE
6/30 8:30 ET Pers Inc and Cons Spend
6/30 9:45 ET Chicago PMI
7/1 9:45 ET S&P Manu PMI
7/1 10:00 ET ISM Manu PMI

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