Neubarth
At the Ballpark July 30th
Did you see today's headlines? Typical Government News Releases. GDP was up more than expected.(Even though it is totally a product of government spending.) Unemployment Insurance claims were Way Down (Even though they are still running at two million a month.)
Finally the market is selling off in accordance with reality. There are no new jobs. More and more people are aware that the government numbers are total horseshit.. All you have to do is look at the Food Stamp program to get a valid estimate of where the economy has been going.
When they start "Seasonally Adjusting" the numbers of people who are on Food Stamps, make an effort to get the actual numbers, and you will know the truth.
Finally the market is selling off in accordance with reality. There are no new jobs. More and more people are aware that the government numbers are total horseshit.. All you have to do is look at the Food Stamp program to get a valid estimate of where the economy has been going.
When they start "Seasonally Adjusting" the numbers of people who are on Food Stamps, make an effort to get the actual numbers, and you will know the truth.