Strong GDP, Low Inflation Expected In 2024, Fritz Meyer, April 2024
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Excellent as usual.
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According to BLS data research by Peter Boockvar, there was actually a net job loss for the "prime age" (26-54) group in March. Job gains were for ages over 55 or under 25. Plus the Philly Fed recently admitted that US payrolls were overstated by 1.1M in 2022 and by 800k thru Dec 2023! Here is the link: https://www.zerohedge.com/markets/philadelphia-fed-admits-us-payrolls-overstated-least-800000 It makes one wonder if there is some political motivation for the BLS to "cook the books" maybe? Hmmm
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