And Experts Are Often Full Of Shit
by Bob Walsh
The
April job numbers came out yesterday. The "experts" predicted about
7.5 million or more new jobless claims. In fact there were 2.5 million
NEW jobs in April. So they were only off 10 million. By the way, that
is the biggest one-month number since they have been keeping track.
On
that news (among others) the DJIA bounced up over 800 points, closing
above 27,000 for the first time in 90 days. A lot of big names in
leisure and transportation took huge jumps yesterday.
Things are definitely looking up.
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