It seems like almost every single jobs report in the last two years at least was later revised down. I'm not sure why anyone believes them at this point; want the real numbers? Wait a few months, at least.
These jobs reports move the markets by the way, so it's not just for political points that they print these numbers, it pumps stocks across the board, and then, presumably, those on the inside can trade those reports.
It seems like almost every single jobs report in the last two years at least was later revised down. I'm not sure why anyone believes them at this point; want the real numbers? Wait a few months, at least.
These jobs reports move the markets by the way, so it's not just for political points that they print these numbers, it pumps stocks across the board, and then, presumably, those on the inside can trade those reports.
I sure don't. Trust them as much as I do Fauci or a deadly snake.