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  • Something Has Snapped: Unexplained 2.3 Million Jobs Gap Emerges In Broken US Payrolls Report

    From zerohedge.com

    A simplistic, superficial take of today's jobs report would conclude that the red hot jump in nonfarm payrolls indicates a "strong hiring market" (just ignore the jump in the unemployment rate). Nothing could be further from the truth. Recall that back in August and September, we showed that a stark divergence had opened between the Household and Establishment surveys that comprise the monthly jobs report, and since March the former has been stagnant while the latter has been rising every single month. In addition to that, full-time jobs were plunging while part-time jobs were soaring. Fast forward to today when the ... (full story)

Ok, THIS is a bit of an eye-opener. Very clearly written too - much appreciated.
So we should expect a "surprise" in December NFP? .... good to know. I shall be prepared!!
Great article indeed.
QUOTE:
"Meanwhile the Establishment survey plows on ahead with its politically-motivated approximations, seasonal adjustments, and other labor market goalseeking meant to make the Biden admin look good at least until after the midterms" .

In one sentence author exposes that their analysis is NOT objective but a Politically Motivated spin alledging an "Establishment" conspiracy to obfuscate key aspects of Government established statistical metrics. With a direct POLITICAL inference that all these metric are created by the current Democratic Administration?
Not much point in banning Partisan Political thread comment when Newsstand it self post articles/analysis that violates that principle.

CAUTION: Its about time that folk here realize that I DO NOT mean that the technical conclusions are without merit. Just that they need to be treated with great care... and since they are AGENDA DRIVEN they need to be meticulously deconstructed and CANNOT be taken as objective.

FYI: "Zero Hedge is a far-right, libertarian, financial blog,presenting staff-written articles and aggregating news and opinions from external sources. Original content is posted anonymously under the pseudonym Tyler Durden. It was created in 2009 by Daniel Ivandjiiski, a Bulgarian former investment banker in the U.S. ZeroHedge has been accused of spreading conspiracy theories and was temporarily suspended from Twitter in early 2020." Wiki.
Warning: A Dangerous Subversive: 1% of comments CoCed
"Manchin Massacres Biden Over "Outrageous" Coal Plant Closure Comments, "Divorced From Reality""
https://www.zerohedge.com/political/offensive-and-disgusting-manchin-furious-after-biden-vows-shut-down-coal-plants-all
"Senator Joe Manchin is pissed after President Biden said his administration would 'shut down' all of America's coal plants and replace them with 'wind and solar' - comments that couldn't come at a worse time for Democratic candidates in battleground states that are home to blue-collar Americans and the coal plants they work in, given next week's midterm elections."

The above is objective to energy analysis....
Quoting chemosi
"Manchin Massacres Biden Over "Outrageous" Coal Plant Closure Comments, "Divorced From Reality"" https://www.zerohedge.com/political/...oal-plants-all "Senator Joe Manchin is pissed after President Biden said his administration would 'shut down' all of America's coal plants and replace them with 'wind and solar' - comments that couldn't come at a worse time for Democratic candidates in battleground states that are home to blue-collar Americans and...
Cut the crap @chemosi..
The link provided leads to a purely political ZH analysis...
Warning: A Dangerous Subversive: 1% of comments CoCed
Quoting RossEdwards
{quote} Cut the crap @chemosi.. The link provided leads to a purely political ZH analysis...
So you are saying Biden Coal Plant Closure Comments have got no impact on
coal futures and options...????
Reality must be hard...
Biden positioning on ending USA energy independence is one of most important aspects in
energy analysis....
example of ...Pure political and unnecessary for FF

"Joy Reid Says Voters Didn't Know About Inflation Until Republican Politicians "Taught Them" The Word"
https://www.zerohedge.com/economics/...ns-taught-them
"
MSNBC's Joy Reid has been a veritable gold mine of bad takes, ignorant comments and authoritarian arguments over the past few years.
This includes her consistent demand that people without covid vaccines be denied medical care, that they be punished with fines, as well as her baseless assertions that hurricanes are a product of "global warming."
Her latest comments might be her most bizarre yet, with a mind boggling claim that American voters were essentially oblivious to the issue of inflation until conservative political candidates started talking about it.
"
Quoting chemosi
{quote} So you are saying Biden Coal Plant Closure Comments have got no impact on coal futures and options...???? Reality must be hard... Biden positioning on ending USA energy independence is one of most important aspects in energy analysis....
Reality? So you trade Coal Futures? IE or NYME? Or maybe iCE Newcastle contract? Trade of big interest to retail traders in Kenya no doubt. And maybe you can tell me what tangible volitility the US markets shown to this Highly Important market moving news of yours? Cant wait for your next critical commodity bulletin? Maybe on Tea Futures ? (which dont exist ?)
Warning: A Dangerous Subversive: 1% of comments CoCed
Quoting RossEdwards
{quote} Reality? So you trade Coal Futures? IE or NYME? Or maybe iCE Newcastle contract? Trade of big interest to retail traders in Kenya no doubt. And maybe you can tell me what tangible volitility the US markets shown to this Highly Important market moving news of yours? Cant wait for your next critical commodity bulletin? Maybe on Tea Futures ? (which dont exist ?)
Stop peddling Fake news...
Where did i say i trade coal future or have 'Highly Important market moving news'??
You are always unsuccessfully attacking the messenger....
So when it comes to Truss and Kwarteng its objective analysis ,when it comes
to Biden admin it purely political analysis........

Maybe try Rat Futures...they exist in your feeble mind..

So according to expert RossEdwardss...Biden positioning on ending USA energy independence is purely
political analysis and has nothing to do with energy analysis....
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"Biden Admits The Truth: "No More Oil Drilling" As Energy Stocks Set To Soar"
https://www.zerohedge.com/markets/biden-admits-truth-no-more-oil-drilling-energy-stocks-set-soar
"It has been a great year for energy stocks...
... and it will be an even better year (and decade) for energy stocks...
because of what Joe Biden let slip just two days before the midterms, namely what everyone always knew would be the pinnacle of catastrophic US energy policy under the democrats: "no more drilling"

Biden's quote, which is on par with his "outrageous" coal plant closure comments, hardly needs more commentary but we will note that it comes just days after the White House unveiled its "brilliantly cunning" plan of promising energy execs that it would buy all the oil they had to sell at $72 to refill the SPR that Biden single-handedly drained to crush US energy companies."
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