Winter is Leaving

The US economy added 263,000 jobs in April, revisions pending, which looks night and day from the “disastrous” report from February, where, allegedly, only 20,000 jobs were created. That’s that residual seasonality I was trying to tell you about all winter. Economists are walking around like Drew Barrymore in 50 First Dates, every morning they wake up and it’s like a clean slate. No memory whatsoev…

The post Winter is Leaving appeared first on The Reformed Broker.

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