8chan/8kun QResearch Posts (8)
#20220294 at 2024-01-10 18:55:17 (UTC+1)
Q Research General #24811: 2024 Will Be Glorious Edition
https://www.msn.com/en-us/money/careers/us-employment-reports-greatly-exaggerated-over-400-000-jobs-mistakenly-added-to-total/ar-AA1mDpMj
US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total
Story by Jack Davis - 2d
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The Western Journal
The Western Journal
US Employment Reports Greatly Exaggerated, Over 400,000 Jobs Mistakenly Added to Total
Story by Jack Davis - 2d
Drew Angerer / Getty Images
Drew Angerer / Getty Images
? The Western Journal
Just because there is a number in a jobs report from the Biden administration's Bureau of Labor Statistics does not mean it is necessarily so.
That's the bottom line of a Fox Business report Saturday that said in the first 11 months of 2023, jobs reports overestimated the number of jobs created by 439,000 positions.
At a time when "Bidenomics" has become President Joe Biden's shorthand for the economic growth he says he has achieved, Fox Business said the numbers indicate "the job market is not as healthy as the government suggests."
Fox News noted the jobs report drives a number of economic decisions, from the stock markets to interest rates.
David Rosenberg, founder of Rosenberg Research Associates, offered different numbers but the same conclusion.
"Time to stop trading off the payroll data. The downward revisions in 2023 totalled an epic 443k. More than 40% of payroll growth in 2023 didn't even come from the survey but from the fairy-tale 'Birth-Death' model," he posted on X.
Time to stop trading off the payroll data. The downward revisions in 2023 totalled an epic 443k. More than 40% of payroll growth in 2023 didn't even come from the survey but from the fairy-tale 'Birth-Death' model.
- David Rosenberg (@EconguyRosie) January 5, 2024
The problem of overstated job numbers is not a new one.
Bureau of Labor Statistics figures have been wrong before.
In August, the agency admitted that from March 2022 to March 2023, it overstated job growth by 306,000 jobs. The totals included a 358,000 decline in private sector jobs and an increase in government hiring of 52,000 jobs.
In December 2022, the Philadelphia Federal Reserve Bank estimated that the official federal data overstated growth by 1.1 million jobs in the second quarter of 2022.
#Bidenomics - two new jobs created per person and you're working both of them.#DementiaJoe https://t.co/HinLnPPNRE
- Thomas J. Quinlan (@thomas_quinlan) January 4, 2024
The totals are only part of what Fox Business noted in the job numbers.
One area of job growth in the past three months has been the government sector. Taxpayer-funded government jobs increased at a rate of about 50,000 a month, according to Fox.
December's jobs report showed 683,000 people stopped looking for work.
Fox Business said a record 8.69 million people now hold multiple jobs, noting that since June, the economy has shed 1.5 million full-time workers and added 796,000 part-time workers.
#10443293 at 2020-08-27 23:02:19 (UTC+1)
Q Research General #13365: The RNC Finalé Warm Up Edition
>>10443283
Parliamentary Reset
"She's got a tough few months ahead of her but she brings a lot of good things to the table and I don't think you can question her commitment and her fortitude," said Scott Clark, a former senior official in Canada's finance department.
Her first announcement as finance chief was a C$37 billion ($28 billion) package in the works before she took over to help the jobless and people who can't work because they're caring for family members whose lives have been disrupted by Covid-19. The government will unveil the next elements of its agenda in a Sept. 23 speech to open a new session of parliament.
Freeland showed her grit in the contentious renegotiation of the North American trade deal. The stakes were huge: Canada sends about three-quarters of its exports to the U.S. But the final deal was seen as a victory for her, with Canada making mostly minor concessions to Trump.
The trade scuffle established Freeland as Trudeau's most reliable minister and made her a logical choice when the prime minister fell out with Bill Morneau, who resigned last Monday after tensions between the two broke into the open.
Morneau, as one of the most fiscally conservative members of Trudeau's cabinet, fought at times against a prime minister's office that was preoccupied with announcing Covid-19 financial aid as quickly as possible, sometimes with little economic analysis. Trudeau's government is on track to run a record budget deficit of about C$343 billion this year – 16% of gross domestic product. It could go even higher, potentially exceeding the 18% gap expected in the U.S.
It's a major expansion of the federal government along the lines of the one overseen by Trudeau's father, Pierre Elliott Trudeau, who increased program spending and deficits in the early 1980s to combat a recession.
Morneau's departure and Freeland's appointment indicates "a damn-the-torpedoes, full-steam-ahead fiscal policy response," according to David Rosenberg, founder and chief economist of Rosenberg Research & Associates Inc. in Toronto.
The era of heavy borrowing won't end quickly, Rosenberg said in an interview. "Anybody who thinks we will grow out of these deficits has to get off the tequila pretty quickly."
Freeland is a more natural frontwoman for a government focused on inequality than Morneau, a wealthy former executive whose wife is part of the family that controls Canada's C$10 billion McCain Foods Ltd. empire.
#7285815 at 2019-08-01 01:47:49 (UTC+1)
Q Research General #9322: Great Veterans Edition
China Accuses US Of Orchestrating Hong Kong Protests
Around the same time that the White House hinted that a military conflict may be imminent in Hong Kong after it said it was monitoring what a senior administration official called a "congregation of Chinese forces" on Hong Kong's border, China's Foreign Ministry on Tuesday claimed the recent protests in Hong Kong are "the work of the U.S.," adding that the United States owes the world an explanation.
U.S. Secretary of State Mike Pompeo "thinks that the recent violence in Hong Kong is reasonable because everyone knows that this is the work of the U.S.," spokeswoman Hua Chunying said at a regular press briefing, referring to when Pompeo said China should "do the right thing" in dealing with protests in Hong Kong, in an interview with Bloomberg Television last week.
According to Kyodo, as evidence Hua provided examples of recent U.S. "interference" in which, she claims U.S. Vice President Mike Pence, U.S. National Security Adviser John Bolton and Pompeo met with opposition figures multiple times throughout the weeks-long protests over a controversial extradition bill. And while some may be quick to dismiss her allegations, it was similar "interference" by the US state department that was observed in Ukraine just days before the fateful Maidan protests that brought down the president and thanks to Victoria "Fuck the EU" Nuland, set the world on its current path of cold war-era confrontation between the US and Russia, which in turn has virtually assured another global military conflict in the future.
"There have been many American faces in the violent parade in Hong Kong, and even some American flags," Hua said.
In urging the United States to "let go" of the Hong Kong issue, Hua warned, "Those who play with fire only get themselves burned."
China's remarks came just hours before the ministerial-level trade talks between the two nations in Shanghai collapsed without even a glimmer of progress after just a few hours of discussions, with the future of trade negotiations in limbo.
Which brings up the remarkable observation from David Rosenberg, who noted that Trump's hidden "genius" consists in the interplay of the US-China and White House-Fed conflicts, as follows:
"Maybe Trump is a genius, after all. What if he finally gets the steep Fed rate cuts he has been demanding?
After that, he ends the trade wars, tariffs go to zero, and the stock market surges to new highs – just in time for the 2020 election!"
This, as one reader summarized today, can not be amended as follows:
Trump aborted China trade talks as soon as they begin…
… and stoked unrest in HK to piss Chinese off…
… in order to force the Fed to cut rates…
… and then get a trade deal with China this fall or winter to send stocks soaring into the 2020 elections …
Profit get re-elected.
https://www.zerohedge.com/news/2019-07-31/china-accuses-us-orchestrating-hong-kong-protests
#6384801 at 2019-05-01 20:13:12 (UTC+1)
Q Research General #8164: Absolutely Based pt 2. The Easy Bake Edition
Stocks, Bonds, & Bullion Slammed As Powell Pivots "Transitorily" Hawkish
(Volumes picked up on the release, GOld got smacked, no surprise there really)
DOW
Volume 293,333,602
Avg. Volume 295,462,295
NAS
Volume 2,013,921,588
Avg. Volume 2,206,768,524
SP500
Volume 2,198,483,983
Avg. Volume 3,580,074,590
Despite his best efforts, Fed Chair Powell managed to spoil the party with his use of one of The Fed's favorite words - "transitory" - signaling that expectations for rate-cuts predicated on inflation staying low are perhaps not as set in stone as the market believes.
The hawkish tilt was very evident in the market's implied rate-change pricing.
Additionally, Powell commented on "elevated (but not extreme) asset values."
If Powell is so sure the decline in core inflation is transitory, why wasn't this mentioned in the press statement?
- David Rosenberg (@EconguyRosie) May 1, 2019
The Dollar spiked, and bonds, stocks, and gold slipped on the "transitory" comment.
VIX and Stocks continue to decouple.
Credit spreads blew out quite notably Powell's "transitory" comments.
Treasury yields ended the day higher…with the short-end dramatically so.
Ugly day for Dr.Copper…and Silver..
Gold pumped initially, then dumped as the dollar spike on "transitory" comments.
(of course inflation expectations is going to make everyone sell gold at a huge rate-fucker's)
Silver snapped below its 200DMA..
Finally, with today's ugliness in ISM, 'soft' survey data has fallen below its 'hard' data.
https://www.zerohedge.com/news/2019-05-01/stocks-bonds-bullion-slide-transitory-fed-tilts-hawkish
https://finance.yahoo.com/quote/%5EGSPC?p=^GSPC
https://www.kitco.com/charts/livegold.html
#5042017 at 2019-02-05 23:48:13 (UTC+1)
Q Research General #6438: Classy Ivanka Edition
After Abysmal January Sales, Car Dealers Are Overflowing With Unsold Cars
We recently discussed the dismal sales start for the US automobile industry in 2019. Now, a follow up by the WSJ paints an even more pessimistic picture for the start of February.
According to the report, dealers are starting 2019 with a growing surplus of inventory of unsold vehicles, which will likely pressure them to cut output: there were 3.95 million vehicles in lots at the end of January, a 4% increase from December and up nearly 3% from last January.
And even though seasonality exists in the industry and the winter is traditionally slower for automotive sales, the inventory build up could be problematic because dealers are starting the year with more unsold inventory than they had when auto sales peaked three years ago. Back then, 17.55 million cars were sold and now, while the latest estimates expect less than 17 million vehicles to be sold in 2019.
In response to the production glut, we already documented over the weekend that General Motors is slashing thousands of jobs across its North American factories. Meanwhile, Ford has worked to phase out slow selling sedans and shift its production to SUVs. This follows a strong year which saw 17.3 million sales in 2018, better than estimated. Alas, starting 2019 the trend has reversed, and auto sales were down 1% and passenger sales, including sedans, were down 4% last month. This continues amid a shift from sedans to SUVs.
As noted previously, auto companies were also relying on fleet sales to keep results looking good. Fleet sales and rental car sales are some of the last channels that auto companies have to try and juice results. Mark Wakefield, a co-head for the automotive practice at distressed consulting firm AlixPartners called this move a "short term band-aid".
And yet, despite the clear industry headwinds, the plan still is to build about 17 million cars in North America this year, with most of those destined for the United States. And manufacturers continue to try to avoid heavy discounting to sell vehicles: the industry spent about $3720 per vehicle in January to incentivize sales, which was down $140 from the prior year's record incentives.
n order to avoid offering discounts, automakers are going to have to trim production. But that, again, flies in the face of how many new model launches are planned for this year. There are 48 new model launches planned for the US this year, which is up from 46 last year and 36 five years ago. Dealers believe that manufacturers are simply being too optimistic about the upcoming year.
David Rosenberg, chief executive for New England dealership chain Prime Automotive Group said: "There is an oversupply of new products, but not everyone is going to achieve their sales targets."
Separately, Ryan Gremore, president of the O'Brien Auto Team, which is a dealership chain in Illinois, Florida and Kentucky, echoed these sentiments and assigned the blame on, who else, the Fed and its near-decade low interest rate which have conditioned consumers to only expect the lowest possible rates: "We've carried too much inventory because we've been conditioned at artificial rates."
https://www.zerohedge.com/news/2019-02-05/after-abysmal-january-sales-car-dealers-are-overflowing-unsold-cars
#2079942 at 2018-07-08 14:08:25 (UTC+1)
Q Research #2623: Baby Khan Counterpunch Edition
Good list of digs from
https://www.stoptrump.org.uk/who-we-are/
Owen Jones
Brian Eno
Lily Allen
Dan Howell @DanIsNotOnFire
Frankie Boyle
Akala
Paloma Faith
Caitlin Moran
Paul Mason
Shappi Khorsandi
John Pandit, Asian Dub Foundation soundsystem
Gary Younge
Meera Syal
Bianca Jagger, Council of Europe goodwill ambassador
Talha Ahmad, Muslim Council of Britain
Shanza Ali, Muslim Climate Action
Rizwan Hussain, Jawaab
Kalpana Wilson, South Asia Solidarity Group
Anas Altikriti, The Cordoba Foundation
Suresh Grover, The Monitoring Group
Nirmala Rajasingam, human rights activist
Amrit Wilson, writer
Amna Abdullatif, The Women's Platform
Rajiv Menon QC, NMP
Aysha Al-Fekaiki, Iraqi Transnational Collective (London)
Saqib Deshmuk, Writer/campaigner
Fizza Qureshi, Migrants Rights Network
Baljit Banga, Director, London Black Women's Project
Halima Gosai Hussain, Inclusive Mosque Initiative
Fiaz Ahmed, JUST Yorkshire
Andy Gregg, ROTA (Race on the Agenda)
Aamer Anwar, Human Rights Lawyer
Shabana Mahmood MP
Ed Miliband MP
Tulip Siddiq MP
Claude Moraes MEP
Rushanara Ali MP
Caroline Lucas MP
Mhairi Black MP
David Lammy MP
Leanne Wood, Leader, Plaid Cymru
Hywel Williams MP
Clive Lewis MP
Tim Farron MP
Melanie Onn MP
Frances O'Grady, TUC general secretary
Dave Prentis, Unison general secretary
Tim Roache, GMB general secretary
Matt Wrack, FBU general secretary
Mick Cash, RMT general secretary
Malia Bouattia, NUS president
Michelle Stanistreet, NUJ general secretary
Kevin Courtney, NUT general secretary
Sally Hunt, UCU general secretary
Manuel Cortes, TSSA general secretary
Dave Ward, CWU general secretary
Mary Bousted, ATL general secretary
Mark Serwotka, PCS general secretary
Ronnie Draper, BFAWU general secretary
Christine Blower, President, European Trade Union Committee for Education
Paul Mackney, Former UCU general secretary
Asad Rehman, Friends of the Earth
Nick Dearden, Global Justice Now
Kate Hudson, CND
Luke Cooper, Another Europe is Possible
Sujata Aurora, Chair, Grunwick 40 (personal capacity)
Hilary Wainwright, Red Pepper
Mohammed Ateek, Syria Solidarity Campaign
Andrew Burgin, Left Unity
Marina Prentoulis, Syriza (UK)
Sirio Canós Donnay, Podemos (London)
Nicolo Milanese, European Alternatives
Prof Mary Kaldor
Salma Yaqoob
Neal Lawson, Compass
Adina Claire, War on Want
Hamza Hamouchene, Algeria Solidarity Campaign
Michael Collins, Right to Remain
Adam Klug, Momentum
Emma Rees, Momentum
Zoe Gardner, Refugee rights campaigner
Michael Chessum, Campaigner and journalist
Andrea Pisauro, Sinistra Ecologia Libertà
Bruce Kent, Pax Christi
Olly Alexander
Salman Shaheen, Journalist
Gracie Mae Bradley, Against Borders for Children
Hugh Lanning, Alliance of free movement
Neil Faulkner, Archaeologist
Jerome Phelps, Detention Action
Daniel Voskoboynik, This Changes Everything UK
Carolina Gottardo, Director, Latin American Women's Rights Service
Shaista Aziz, Journalist/Everyday Bigotry Project
David Rosenberg, Jewish Socialist Group
Potent Whisper, Poet
Paula Peters, Disabled People Against Cuts
James Moulding, Newspeak House
Lesbians and Gays Support the Migrants
Campaign Against Climate Change
Liv Wynter, Artist
Liz Fekete, Director, Institute of Race Relations
Gurnik Bains, Founder, Global Future
Gilbert Achcar, Professor of Development Studies and International Relations, SOAS
Denise Dobson, Holler4/Songworks Choir
Kerry Abel, Abortion Rights
#2042266 at 2018-07-05 16:59:35 (UTC+1)
Q Research General #2576: Praise The Lord And Pass The Next Edition
The U.S. central bank has been raising interest rates as it sees the economy growing and inflation meeting the Fed's 2 percent target. Fed officials have indicated they will be raising rates two more times in 2018, but the market has been skeptical, with traders assigning just a 51 percent chance of that happening.
The economy has "bumped against the proverbial labor wall," David Rosenberg, chief economist and strategist at Gluskin Sheff, said in his morning note Thursday. "Inflation pressures will intensify and the Fed will be forced to act more aggressively, just as has been the case in the past. There is no Presidential Tweet that will stop Mother Nature from taking its course."
#692222 at 2018-03-17 02:44:35 (UTC+1)
Q Research General #857: Side by Side Building Edition
Going through Q posts, this one caught my eye so I did a little digging:
Mar 10 2018 12:47:35 (EST)
Do not focus on the call details.
We knew it would leak.
We knew certain areas of the WH were bugged.
We knew certain people would leak.
Focus - why AUS?
Primarily, WHY AUS?
Five Eyes
UKUSA Agreement
STONEGHOST Network
1973 Murphy Raids
Jeffrey Delisle
PINEGAP - NSA cover term is RAINFALL
Sound interesting yet?
Pine Gap is the commonly used name for an Australian Earth station approximately 18 kilometres (11 mi) south-west of the town of Alice Springs, Northern Territory in the centre of Australia which is operated by both Australia and the United States. Since 1988, it has been officially called the Joint Defence Facility Pine Gap (JDFPG); previously, it was known as Joint Defence Space Research Facility.[1]
Partly run by the U.S. Central Intelligence Agency (CIA), U.S. National Security Agency (NSA) and U.S. National Reconnaissance Office (NRO), the station is a key contributor to the NSA's global interception effort, which included the ECHELON program.[2][3][4][5] The unclassified cover term for the NSA facility at Pine Gap is RAINFALL.[6]
The facility consists of a large computer complex with 14 radomes protecting antennas[7] and has over 800 employees.[8] A long-term NSA employee at Pine Gap, David Rosenberg, indicated that the chief of the facility at the time of his service was a CIA officer.[9]:p 45-46[10]
The location is strategically significant because it controls United States spy satellites as they pass over one-third of the globe which includes China, the Asian parts of Russia and the Middle East.[7] Central Australia was chosen because it was too remote for spy ships passing in international waters to intercept the signal.[9]:p xxi
https:// en.wikipedia.org/wiki/Five_Eyes
https:// en.wikipedia.org/wiki/UKUSA_Agreement
https:// en.wikipedia.org/wiki/ECHELON
https:// en.wikipedia.org/wiki/1973_Murphy_raids
https:// en.wikipedia.org/wiki/Stone_Ghost
https:// en.wikipedia.org/wiki/Jeffrey_Delisle
https:// en.wikipedia.org/wiki/Pine_Gap
8chan/8kun QResearch GERMANY Posts (1)
#6691975 at 2019-06-07 07:37:09 (UTC+1)
Q Research Germany #25 | EUSSR Election Edition
https://www.tagesspiegel.de/politik/keine-neuen-ideen-und-anstoesse-mehr-merz-erwartet-rasches-ende-der-grossen-koalition/24434018.html
Merz erwartet rasches Ende der großen Koalition
Das schwarz-rote Regierungsbündnis werde das Jahr nicht überstehen, glaubt der frühere Unionsfraktionschef. Die Grünen sieht Merz als Hauptkonkurrent.
https://www.epochtimes.de/politik/deutschland/merz-rechnet-mit-baldigem-groko-ende-keine-neuen-ideen-mehr-a2908500.html
Merz rechnet mit baldigem GroKo-Ende: "Keine neuen Ideen mehr"
https://kopp-report.de/hat-David-Rosenberg-gerade-den-genialen-plan-hinter-trumps-vermeintlichem-wahnsinn-entdeckt/
Tyler Durden
Hat David Rosenberg gerade den genialen Plan hinter Trumps vermeintlichem Wahnsinn entdeckt?
http://opposition24.com/keine-spur-im-mordfall-luebcke-aber-es-muss-mindestens-ein-reichsbuerger-gewesen-sein/
Keine Spur im Mordfall Lübcke, aber es muss mindestens ein Reichsbürger gewesen sein
https://deutsch.rt.com/inland/88957-maassen-gestochene-tarantel-geschlossenheit-cdu/
"Maaßen, die gestochene Tarantel": Die Geschlossenheit der CDU bröckelt
https://philosophia-perennis.com/2019/06/07/meinungsfreiheit-der-buerger-soll-verunsichert-und-eingeschuechtert-werden/
Meinungsfreiheit: Der Bürger soll verunsichert und eingeschüchtert werden
Lehrerverband warnt Kollegen vor Missachtung des Neutralitätsgebots
http://social.epochtimes.de/3fbe3
Rot-rot-grün zukünftig auch auf Bundesebene? Bremer SPD entscheidet über Verhandlungen für Linksbündnis
http://social.epochtimes.de/5fbe5
Eskalierender Handelskrieg: Peking warnt vor Reisen in die USA
http://social.epochtimes.de/9fbe9
CDU-Politiker Strobl warnt: Demokratie durch Islamisten und Selbstverwalter gefährdet
http://social.epochtimes.de/cfbec