Jobs Numbers Fantastic! Real Economy Weak As Hell

in #dtube7 years ago


Just look at information for what it is. Don’t put a spin on it. Don’t bend it or twist it. Just watch it. However today that’s difficult to do. The media receives information through particular channels in order to ensure the public remains largely unaware of what would upset them, and keeps them docile. This cannot hold back the rumble of the earth. Hold still and watch carefully. Magic tricks can only temporarily disguise reality.

Markets: Indexes, Bonds, Forex, Key Commodities, ETFs
https://www.cnbc.com/markets/
DRUDGE REPORT 2019®
https://drudgereport.com/
Jobs surge in April, unemployment rate falls to the lowest since 1969
https://www.cnbc.com/2019/05/03/nonfarm-payrolls-april-2019.html
Buffett: No textbook predicted the strange economy we have today
https://www.cnbc.com/2019/05/03/buffett-no-textbook-predicted-the-strange-economy-we-have-today.html
VP Pence: Fed should consider lower interest rates, single mandate
https://www.cnbc.com/2019/05/03/vice-president-pence-says-the-fed-should-consider-lowering-interest-rates-because-of-low-inflation.html
China tempers US hints that Beijing and Washington are preparing for the ‘last round’ of trade talks | South China Morning Post
https://www.scmp.com/economy/china-economy/article/3008771/china-tempers-us-hints-beijing-and-washington-are-preparing
bfmF774.jpg (976×512)

CVS closures: 46 locations closing, including 3 in Alabama; complete list - al.com
https://www.al.com/news/2019/05/cvs-closures-46-locations-closing-including-3-in-alabama-complete-list.html
Rising prices pinch car buyers in April
https://www.detroitnews.com/story/business/autos/2019/05/01/fca-switching-quarterly-sales-reports-april-sales-down-6/3638017002/


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Another report to look at is the incredible rise in consumer and business credit. A good chunk of the employment bubble is funded by credit rather than revenue.

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