What Goes Up cover image

Jeremy Grantham's Market Meat-Grinder

What Goes Up

CHAPTER

Why Do Journalists Have a Tough Job?

The jobs number comes out for February. A lot of people are expecting a really hot number once again. Economics complicated, lots of cross currents, lots of leads and lots of flags. And I have tried to avoid spending too much time over analyzing the short term data first of all, they change it two or three times. Try and concentrate on that. You saying that makes me feel better about my everyday angst. You've got confirmation wrong. Yeah, I can feel a little. Why do you journalists have a terrible job? You tell me. If you've got it right, we'd have to burn you as a witch. It's utterly impossible. Every argument for why the market goes

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