BS is thick in BLSBS

I’m not sure if you took the time to listen to yesterday’s podcast, but the first eight minutes made the case for how sure I was that today’s BLSBS was going to be way above expectations. In fact, I even guessed something outrageous like +265,000 “jobs”. And what was the number reported today? 254,000. Serious. LOLOL.

And the unemployment rate has fallen, too. Like Wednesday’s ADP, how many seasonally adjusted fantasy jobs were added to arrive at these numbers?…