4 results for "tag:economic-vindication"
meeting and we're hitting hold on to your seats folks non-farm payrolls for the month of August up one hundred and sixty two K 162,000 that's basically three times what expectations are now here's the fly in the ointment the two month net revision is minus excuse me it was minus 103,000 last month it's plus plus 55,000.
Transcribed automatically. Expect errors in names and numbers.
And recall that last month what happened was that there was a kind of strange seasonal adjustment problem and so there was a big reduction in employment for teachers and we knew that was gonna come back once school started up and that we'd have a strong number but this number skyrocketed so much more than we expected. To put it in perspective Bloomberg surveyed 77 economists and said what do you think the jobs number is gonna be and this blew past every single one of them. All 77 got the number wrong and by a lot. This number is four standard deviations above the average of their forecast. This is one of the best numbers relative to expectation that I've ever seen.
Transcribed automatically. Expect errors in names and numbers.
https://www.washingtonexaminer.com/policy/healthcare/3343515/brooke-rollins-egg-prices-plunge-lower-than-when-trump-took-office/
Paul Krugman has called me wrong from day one. People at the Failing New York Times are very angry at him for having “missed” by soooo much. Paul, match over! https://t.co/5kspoUPhIX