SP 500 And NDX Futures Daily Charts - Non-Farm Payroll Flop - FrankenFed

There was intraday commentary on the Non-Farm Payrolls report.

It was fine, if you want less jobs than expected at lower wages that can sustain anything like a recovery.

Things are not going well for the real world.

At some point, the pampered princes will have to notice that all is not well.

Do you think the powers that be are unaware?  It was common for people in old Russia to say, 'if only Comrade Stalin knew what was going on.'

George Carlin had a rather salty and somewhat pessimistic explanation for the lack of reform and recovery. Caution language.

Perhaps the one percent will have a change of heart-- before the sight of pitchforks and torches comes cresting over the hill.

Have a pleasant evening.

 

 

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