With A Straight Face

How the BLS manages to create their monthly reports without laughing is beyond me.

65
Fri, Feb 1, 2019 - 10:51am

Today's BLSBS...and the 35% reduction reported for January...leaves us laughing. And it appears that many others are starting to catch on to the BLS' monthly shenanigans.

Recall that the January number of jobs was reported to be 314,000 and this "robust" number was used as cover to smash gold back from $1300 to $1280 in minutes. Well today we find out that the actual number for January was just 222,000! So, when today's BS was reported to be 304,000, the Comex metals were predictably hit but then recovered. Very few take this number seriously anymore! Additionally, the average...

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Key Economic Events Week of 4/22

4/22 10:00 ET Existing Home Sales
4/23 10:00 ET New Home Sales
4/25 8:30 ET Durable Goods
4/26 8:30 ET Q1 GDP first guess

Key Economic Events Week of 4/15

4/16 9:15 ET Cap Util and Ind Prod
4/17 8:30 ET Trade Deficit (Feb)
4/17 10:00 ET Wholesale Inventories
4/18 8:30 ET Retail Sales (March)
4/18 8:30 ET Philly Fed
4/18 10:00 ET Business Inventories (Feb)
4/19 8:30 ET Housing Starts and Building Permits

Key Economic Events Week of 4/1

4/1 8:30 ET Retail Sales (Feb)
4/1 9:45 ET Markit & ISM Manu PMIs
4/1 10:00 ET Construction Spending (Feb)
4/1 10:00 ET Business Inventories (Jan)
4/2 8:30 ET Durable Goods (Feb)
4/3 9:45 ET Markit & ISM Services PMIs
4/5 8:30 ET BLSBS

randomness