

Holy Sh*t...You're Not Going To Believe This
11 snips Sep 10, 2025
Prepare for jaw-dropping revelations about labor market data and potential economic downturns! Dive deep into the complexities of yield curves and their impact on growth expectations. Discover how workforce dynamics could unravel with simultaneous job losses and exodus. Uncover systematic discrepancies in employment statistics that mislead the public. Finally, equip yourself with strategies to navigate investment challenges in today's volatile market. It's an eye-opening discussion you won't want to miss!
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Massive Payroll Revisions Undermine Labor Strength
- The BLS preliminary benchmark revision cut non-farm payrolls by ~911,000 jobs, the largest on record.
- This materially weakens the narrative that the labor market was 'strong and resilient.'
Yield Curve Signals Recession Risk
- The yield curve inversion (twos vs tens) has historically predicted recessions or slowdowns.
- Gammon argues that current inversion strongly suggests economic trouble ahead.
Revisions Bigger Than The GFC
- The 2025 downward revision exceeded the GFC's 2009 benchmark revision in raw size.
- Multiple recent years show repeated large downward adjustments, signaling systematic overstatement.