Attention all you Wall Street “experts” who try to predict the monthly employment report! This column is for you.
The rest of you, of course, can read along. But the first item in this column is specifically for those on Wall Street who get paid a lot of money to get their economic predictions correct.
And they don’t do that often enough.
Experts: it makes me sad to say this, but you aren’t doing a very good job. And, quite frankly, I’m afraid your bosses will soon be asking why and might even — dare I say it — be cutting your fine salaries.
OK, do I have your attention? Now I’m going to tell you where you are going wrong. Ignore me at your own — and your family’s — peril.
Continue reading… “Wall Street jobs data ‘experts’ are failing big time”