XJO 0.55% 7,629.0 s&p/asx 200

If the market goes up, its a sugar hit ! Powell is not allowed...

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    If the market goes up, its a sugar hit !

    Powell is not allowed to mention the "R" word, but that does not stop others from saying it. Unemployment is a lot worse than what they are saying. They are fudging the numbers. The top chart below shows how the payroll numbers just got revised down (without telling anyone). That's a huge drop and confirms the downtrend. When the population is rising (from Biden's open border welcome-mat policy) jobs should be going up. The bottom chart shows the U6 Unemployment numbers which also counts underemployed, marginally attached and discouraged workers. When this number rises a recession ALWAYS follows.

    https://hotcopper.com.au/data/attachments/6062/6062146-9947d8a4c0dd06a7a667fd18e08060b4.jpg

    https://hotcopper.com.au/data/attachments/6062/6062159-7ec1e5d940d1d2bde4b7cacee0a46032.jpg

    Ref: (U6 here) (payrolls here)

 
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