Blatent market pumpers square off with someone who looks beyond the headline BLS numbers. The same bozos who never saw the crisis coming still don’t know what’s happening. Biderman is exactly correct.
I have news for all of them… The REAL LEADING INDICATOR is DEBT to INCOME. This ratio is getting FAR worse on all levels because the DEBT has not been cleared from the system and money printing does NOT eliminate debt when incomes are not going up – they are going down. In regards to the TIPS comment by Biderman, again he is correct about the rampant, and now exposed, printing of the Fed and Treasury. Manipulated data and money printing do not a recovery make.
Please follow this link to view... VIDEO LINK
Economic News , Data & Views......March 30 , 2017 .......Quick Hits For Thursday -1) Markets : Asia- Economic Calendar , Market Moving News And Data ( Updated Regularly ) ; US : Major Indexes Finish In The Green , Gold Down Handily , Oil Crosses 50 Dollars , Ten Year Treasuries Yields Rise 4 BPs. 2) US Political Round Up : Judge Neil Gorusch Garners Two Democratic Senators Who Will Support His Nomination To The US Supreme Court ; White House Invites Leaders Of Intel Committees To View Certain Classified Documents - In Relation To Ongoing Russia Interference Investigations ; Katie Walsh Leaves White House - Some Say Due to HC Bill Failure ; White House Deciding Whether To Pull Out Of Paris Climate Accord ; Freedom Causcus & Trump Exchanges Words Even As Talk Of Taking Another Crack At Passing Replace & Repeal HC Is Floated , Additional Political Developments To Consider. 3) Europe In Focus : UK News - Brexit Related News Primary Lead , Latest Crazy Statement From EU President Juncker ; France Election Updates ; Additional Items Of Interest Pertaining to Austria , Greece , Ukraine , The ECB And The Ongoing Refugee Crisis. 4) Odds & Ends : South Africa's Political Tensions To Boil With The Sacking Of Finance Minister Gordhan By President Zuma ; Libya : State Of Play On International Front , Tensions On The Homefront.
20 minutes ago