The BS Is Thick In The BLSBS

I'm not sure if you took the time to listen to yesterday's podcast but the first eight minutes laid out the case for how certain I was that today's BLSBS would come in way above expectations. In fact, I even guessed something outrageous like +265,000 "jobs". And what was today's reported number? 254,000. Seriously. LOLOL.

And the unemployment rate ticked down, too. Like the ADP back on Wednesday, how many seasonal adjustment fantasy jobs were added to get to these numbers??...

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Key Economic Events Week of 5/12

5/12 10:25 ET Goon Kugler
5/12 2:00 ET Monthly Treasury Stmt
5/13 8:30 ET CPI and Core CPI
5/14 9:10 ET Goon Jefferson
5/15 8:30 ET Retail Sales
5/15 8:30 ET PPI and Core PPI
5/15 8:30 ET Philly Fed
5/15 8:30 ET Empire Fed
5/15 8:40 ET Chief Goon Powell
5/15 9:15 ET Cap Ute & Ind Prod
5/15 2:05 ET Goon Barr
5/16 8:30 ET Import prices
5/16 8:30 ET Housing starts
5/16 10:00 ET Prelim UMich May
5/16 4:00 ET NYSE option expiry

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