Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (3496)	4/3/2004 12:20:47 PM
From: gregor_us	Read Replies (2) of 116555

Well Done Mish. Only Gene Epstein in Barrons ...this week "spins" the Jobs Report differently than you, and, in addition, in contrast to ALL his colleagues writing the various other articles in the same issue. (Man, what is up with Gene Epstein? His constant refrain about Econ Stats in general is "hey when you've been watching these for many years, you know what they REALLY mean, OK?"). I encourage everyone to read Epstein's poorly written and incomprehensible article in Barrons about the job numbers. Note carefully how weak and unsupported his opinions are, and that ALL his rebuttals to critical analysis of this Jobs Report, are, in of themselves, nothing but convoluted assertions. They key in this report is the continued falling trend in wage growth (as in: no wage growth.) Your numbers on this issue Mish were echoed in Barrons other columns, today. Regards, LP

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