Friday, May 6, 2016

"Because 0% Is Always Bullish"

Stoned gamblers took today's worse than expected jobs report as the latest reason to buy the 0% recovery. Because there's only one way this will all end...

As expected, today's jobs report was a dud...EconoDunces don't see a trend here, but we do...

Jobs growth has dropped almost -50% in 6 months:




On another topic, I realized that the last cycle ended with the demise of Blackberry...In other words, Y2K was the peak in Nokia, then it was Palm, then Crackberry, now Apple...

Blackberry versus Apple. Just another bubble bursting at the end of the cycle...