BLSBS Never Disappoints

Your once-a-month clown show strikes again.

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...

About the Author

turd [at] tfmetalsreport [dot] com ()

32 Comments on BLSBS Never Disappoints

Subscribe or login to read all comments.


Donate Shop

Get Your Subscriber Benefits

Exclusive discount for silver purchases, and a private iTunes feed for TF Metals Report podcasts!

Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
5/15 10:00 ET Business Inventories
5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment

Key Economic Events Week of 5/6

5/9 8:30 ET US Trade Deficit
5/9 8:30 ET Producer Price Index (PPI)
5/9 10:00 ET Wholesale Inventories
5/10 8:30 ET Consumer Price Index (CPI)

Recent Comments