2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 387.39

+0.5%

4:00 PM EST

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To: carranza2 who wrote (86927)	2/6/2012 7:00:57 AM
From: bart13	1 Recommendation Read Replies (1) of 218276

I generally come down on TT's side. There are just way too many things that don't make sense, like seasonal adjustments, the growing gap between continuing claims and total claiming benefits data series, failing to count folk who are still looking for a job after 2 years (which my U7 reconstruction tries to track), and withholding data. Here's withholding data for individuals (as opposed to corporations), in three pictures - just varying the moving average. I just plain can't reconcile all the contrary data. Of course there are lots of 'explanations', some of which are quite true - like a likely growth in black market activities and jobs in that area, and drops in hourly wages as folk take lesser paying jobs. Could I be wrong on at least some of my take?... sure... but like TT said, there sure is at the very least a gigantic vested interest in showing unemployment rates dropping, much like CPI vs. my CPI w/o lies... and the wonderful world of years and even decades of BOHICA.

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