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XJO - Bear Posts only (Factors which might cause the markets to fall), page-15183

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ProfessorBen

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27/03/24

18:53

Post #: 73089872
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Originally posted by kacy: ↑

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.

Ref: (U6 here) (payrolls here)

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As usual pump cult are banking on Powell the puppet.

Last edited by ProfessorBen: 27/03/24

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