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January Jobs Shocker: Payrolls Explode By 353K, Double The Expected And Higher Than All Estimate As Wages Surge
Well, we did warn readers that anyone hoping for a negative print in an election year would be disappointed, and moments ago the BLS proved us right.
PS: if anyone expects any econ data in the election 2024 year to be i) accurate or ii) make any sense, you will be severely disappointed https://t.co/UT1Uxbc5Nt— zerohedge (@zerohedge) January 29, 2024
With Wall Street expecting continued declines in the pace of monthly jobs growth, and consensus looking for a decline from last month’s 219K print to 185K, the BLS decided to once again obliterate late-cycle logic and common sense, and damn your mass tech layoff torpedoes…
~~~~~~~~~~~~~~~~~~~~~~~~
If anyone believes the BLS numbers when we read about massive layoffs every day, I have some T-Bills to sell you.
David DeGerolamo
Posted in Editorial
7 Comments
I’m Tired Too (Language Warning)
But I am not too tired to fight evil.
David DeGerolamo
Posted in Editorial
9 Comments
What Happens When There Is No Food in the Cities?
European farmers realize that food distribution is a target. They are pouring manure into grocery stores.
They are targeting cities. A week in a city after food distribution is cut off will be a Mad Max scenario.
David DeGerolamo
Posted in Editorial
7 Comments
Comments
The site has been upgraded to the latest version of WordPress. The plugin for comments has not been updated yet which may or may not be responsible for the issues concerning editing comments. For now, I have disabled comment editing for what I hope will be a temporary solution.
You may want to consider using a word processor program to write your comments. This will allow you to review your information and spelling before you cut and paste it into a comment field. I know that some of our readers are already doing this.
David DeGerolamo
“Get ready, we are going to ATTACK Iran” Col. Douglas MacGregor
Posted in Editorial
Comments Off on “Get ready, we are going to ATTACK Iran” Col. Douglas MacGregor
Why Now?
Why is this information being spread now? Along with the pipe bomb revelations. Along with the Texas border standoff, the banking collapse, the Ukraine/Gaza/Iran/war du jours and Biden dementia exposure?
Some days it feels like everything is coming to a head and then another day goes by. Praise the Lord for guiding my footsteps and giving me another day to prepare for a better future.
David DeGerolamo
Posted in Editorial
14 Comments


