Usually, the market is a good indicator of future economic performance. Today it appears it might be lagging a bit. The economy is in real trouble with the media being known accomplices of reporting false information.
The media told us the economy is going to be booming this year. Last week had the worst jobs report in history. We were told 1,000,000 new jobs were going to be created in April. That was an overstatement of 734,000. And the March numbers were revised downwards 146,000 as the reported numbers were overstated as well. Funny, under Trump, the numbers were always revised higher than reported. Under Biden, the numbers are revised down. That’s the drive by media for you.
Hunker down folks.
The media told us the economy is going to be booming this year. Last week had the worst jobs report in history. We were told 1,000,000 new jobs were going to be created in April. That was an overstatement of 734,000. And the March numbers were revised downwards 146,000 as the reported numbers were overstated as well. Funny, under Trump, the numbers were always revised higher than reported. Under Biden, the numbers are revised down. That’s the drive by media for you.
Hunker down folks.