BLSBS Never Disappoints

Your once-a-month clown show strikes again.

32
Fri, Mar 8, 2019 - 10:45am

Whether it's an upside or downside surprise, the monthly BLSBS never fails to confound all of the big-time economists of Wall Street. And why? Because it's all just a massive scam of statistical assumptions and guesswork!

So today, with everyone on CNBS predicting a "jobs number" in excess of 200000, the actual number comes in at just 20,000. Thus, these seven-figure geniuses were only off by a factor of TEN! Oops. And without the total make-believe of the "birth/death adjustment", the number would have shown a LOSS of 110,000 jobs! What a joke.

And don't get caught up...

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