XJO 0.10% 8,212.2 s&p/asx 200

Who said its not? No all the data is actually much worse than...

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    Who said its not? No all the data is actually much worse than they are letting on. It just means once certain data reaches the point its so bad it becomes harder and harder to cover up. Hence why you will see some red numbers published but they are still not the real numbers (its worse). Why do you think we had a jobs revision of 800K?

    They just couldn't hide it anymore things weren't adding up within the Govt numbers so they were forced to come clean. The final revision is expected to see that number at 1.2 million - 1.4 million that wasn't even the final number. And again you can see the real numbers are much worse. But even on 800k that means over 30 percent of jobs reported were fake.

    We rallied for 12 months on those monthly figures/reports when in reality the jobs market was actually weak. And part time jobs are being counted as full time jobs. Its why as I said no one believes the numbers anymore its just a matter of how long can the Govt prop up the Ponzi. The bulls say for a year or two still, the bears say time is basically up.

    P.S. IMO we are crashing anyway its inevitable however since you invested in a speculative stock why do you care? For one biotech stocks IMO are still somewhat defensive in nature. And there is an old saying you learn with experience "stocks run hardest on red days". So the right announcement in a bear market might shock you on how far a stock can run.
 
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