Saturday, June 06, 2020

YES, THINGS ARE LOOKING UP

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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