Friday, February 5, 2016
Friday news: OMG! Buy and or sell!
Here's your jerbs repert news:
Calculated Risk - unemployment falls to 4.9%, overall a decent report. OMG! A decent report! Buy and or sell!
New Deal Demoncrat - finally a good report for wages. And you want wages to go up, since consumption is over 50% of the US economy. And by the way, when 151k jobs are added but NILF goes up 87k, that reduces upward pressure on wages, and the people at the Fed know this because (except for Neel Kashkari) they took undergrad macroeconomics, you dumb white-ass honkie crackers.
Reformed Borker (Bork Bork Bork!) - jobs report defies recession chatter. I really can't fucking believe that people are calling for a recession: do you not look at one fucking ounce of data? Do you not know what a leading indicator is? I can't believe people are this stupid, even coked-up hedge fund crackers, so it must just be that media idiots with journalism diplomas are just looking for a narrative to spin that explains why the US market is down A WHOPPING TEN PERCENT.