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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (176094)	8/11/2021 11:30:18 PM
From: sense	1 Recommendation Recommended By pak73 Read Replies (1) \| Respond to of 217855

Also seeing articles today saying that Covid and the responses to it have almost totally obliterated cyclical economic factors... Without the structural functions working seamlessly... seasonal variations can't be transmitted through the systems... that aren't transmitting anything... Instead, we're stuck at lower levels of activity than we would be... if things were working. But, they're not... The article noted that in context of the recent jobs report... the report said there were millions of new jobs added... when it is as obvious as can be that, yes, there are some jobs coming back now... but we are NOT seeing a massive boom in employment of that sort... That correlates with other excuses as "slower growth now (which isn't growth, but only trying to recapture more of what was lost) is a benefit... as it means growth be sustained longer... etc. The explanation that matters in the recent numbers... is in the "seasonal adjustments"... which aren't a factor just now, with the economy not working well enough to have seasonal cyclical functions... so the increase in employment that was reported was ENTIRELY based on cyclical adjustments... that didn't happen... when the real number without the adjustments... was a net loss of a couple of hundred jobs... Yet, it was reported as proof of improvement... and drove the markets higher ? I do think it is a mistake now to condition expectations on "continuation" patterns... when there is no return to normalcy yet that is sufficient to enable any "continuation"...