Every month the gummit’s Bureau of Liar Statistics (BLS) dutifully reports reams and reams of data on the employment situation in the US. Some of it is actually useful. The rest is reported by the mainstream financial news media. The BLS reports both seasonally adjusted (SA) data and not seasonally adjusted (NSA) data. The NSA…
Tag Archive for Wishful Thinking
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Treasury Market About Face- Just a Blip or Sign of Things To Come?
by Lee Adler • • 0 Comments
I mentioned in my last free report that the bulge in withholding tax collections which may have been a tipoff to the better than expected payrolls data, had subsided. I took another look at the data today, and there’s been no rebound since I posted that report. On top of that, yesterday the Treasury announced…
Bears Chat, Best of the Forums
General Strike discussion
by Bears Chat at The Wall Street Examiner • • 0 Comments
Here’s the scoop on the general strike discussion on twitter.
First the call was for Black Friday, although some objected since almost everybody is off that day anyway (but if you’re looking to cripple the machine, that would be the day). Next (or …
Bears Chat, Best of the Forums
Is Your Bank on the “100 Safest” List?
by a Wall Street Examiner • • 0 Comments
We want to trust in the financial stability of our bank. After all, most of us have money in these institutions.
In spite of our wishful thinking, the tide of bank failures h…