I think that tonight's US jobs report is finally being seen for what it is by the market. An absolute sham. Even Yellen is distancing herself from it. The perpetuators of State run propaganda, Reuters and Bloomberg's rich metaphors can't hide the fact that there is no recovery. After the usual up beat BS from the talking heads, take a little peak at the US Jobs Participation Rate. Couple that with the first quarter GDP of 0.1% and ask yourself how much longer can the Yanks delude themselves?
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