There's Something Very Fishy With the September BLS Unemployment
Trim Tabs macro economic analysis chief Madeline Schnapp says, looking at last Friday’s jobs data released by the Bureau of Labor Statistics (BLS), she (and many, many others who look at such things), smells a “large dead fish.”
And then she goes on to say specifically why.
Careful, once you have seen the reason you’ll be smelling a rotten smelt too – unless a card carrying member of the reelect Obama committee. Here in Texas we are reminded of the infamous "Box 13" results from Wells County in the 1948 election - engineered by the "Duke of Duvall County," George Parr, which sent the popular Coke Stevenson to an 87-vote defeat, stealing the election and sending Lyndon Baines Johnson to Washington as a freshman senator - in what would become derisively known as the "Lyndon Landslide of 1948."
Madeline's video below is absolutely worthy of wide distribution in our humble opinion.
Source: TrimTabs via YouTube
Comment: Our friend Rick Santelli had some good comments about the BLS data in this morning's exchange with CNBC's Steve Liesman. Look for his commentary on the CNBC Video selection if you have the time.