The Bearish David Rosenberg Reemerges: “What If I Told You Employment Actually Declined 119,000 In June”
by Tyler Durden
ZeroHedge.com
Jul 8, 2016
“When the Household survey is put on the same comparable footing as the payroll series (the payroll and population-concept adjusted number), employment fell 119,000 in June — again calling into question the veracity of the actual payroll report — and is down 517,000 through this span. The six-month trend has dipped below the zero-line and this has happened but two other times during this seven-year expansion.”
The Rest…HERE
