08-23-2024, 04:20 PM
This post was last modified 08-23-2024, 04:21 PM by Lynyrd Skynyrd. 
One interesting part of this story is that there was NO negative market reaction to the news that job numbers have been exaggerated for years. The opposite happened, stocks rose, supposedly at the prospect of a rate cut.
I wonder if the traders knew all along that the BLS was giving them "extra-good" job reports that would rally the market?
I wonder if the traders knew all along that the BLS was giving them "extra-good" job reports that would rally the market?