4 ms·
Example of focusing on facts: 1. The government releases a report with an important indicator looking good 2. Mainstream Media cheers, telling us how good we
by jazzyk 10y ago
Example of focusing on facts:
1. The government releases a report with an important indicator looking good
2. Mainstream Media cheers, telling us how good we have it
3. ZH looks at the report and notices that:
- the number was "seasonally adjusted" once, then again
- the number will be revised down, a month later usually on a late Friday at happy hour
- pesky details: employment growth is in part-time, minimum-wage jobs
ZH often reports facts from official government reports/documents - they are typically buried on page 99 out of 100 (for a reason).
Some people may choose to call the above rumors or "sensationalism" - feel free to ignore ZH, it is a free country.
- base698 10y agoDo you have any good links for the employment posts on ZH? I was telling someone about that recently then couldn't find it.
- tomp 10y agohttp://www.zerohedge.com/news/2016-03-04/past-year-us-added-360000-waiters-and-only-12000-manufacturing-workers http://www.zerohedge.com/news/2016-03-04/past-year-us-added-... In The Past Year, The U.S. Added 360,000 Waiters And Only 12,000 Manufacturing Workers (not sure this is an example of what you were looking for)
- bitchypat 10y agohttp://www.zerohedge.com/news/2016-04-25/there-problem-bls-employment-reports http://www.zerohedge.com/news/2016-04-25/there-problem-bls-e... http://www.zerohedge.com/news/2016-02-03/adp-employment-growth-tumbles-miraculous-december-bounce http://www.zerohedge.com/news/2016-02-03/adp-employment-grow... http://www.zerohedge.com/news/2015-10-20/ominous-signs-peak-employment http://www.zerohedge.com/news/2015-10-20/ominous-signs-peak-...
- mactitan 10y agoFyi: john Crudele reports on employment at the nypost ; he gets inside info from census (which he blasts) Years ago he reported on plunge protection team(ppt- market manipulation) that i was skeptical about. I no longer am.