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  • ETF Trends: Equity Bulls Charge Forward Where Bearish Angels Fear to Tread [View article]
    This "bull market" is based on bull.

    I've been looking at initial jobless claims numbers. What we are all told is the seasonally adjusted number, but the unadjusted number is there in the report on the Dept of Labor webpage. Last week we were all told 522K, the actual number was 667,534. Today we were told 554K, the actual number is 580,944. This is just some of the "bull" I'm talking about.

    The monthly number has a "births and deaths" number added in that makes the monthy number just as useless.

    Someone should stop by a dairy farm and pick up a load of bull____ and dump it on the doorstep of the Dept of Labor to make what they are doing obvious to everyone.
    Jul 23 12:37 pm |Rating: +1 -1 |Link to Comment
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