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[Chris G]

Gene Inger's Daily Briefing
Monday, January 13, 2014
by Gene Inger

Neurotic rationalizations - describe most analyst and pundit reactions to a well-anticipated Employment Report, that totally dissed an earlier ADP report suggesting jobs improvement 'across a broad economic cross-section'. The number of people dropping off the rolls, whether because of retirement, much vaunted expiring Unemployment Benefits, or structurally unemployed in this new era society; it was all significant. The 'real' jobless number is closer to an 11-12% level, as I touch upon in the first video. We're very disappointed, as although many think of us simply as being 'bearish'; we want to be as bullish on America as we were for years and decades; but it's just not such a time. Just look at the 'real' Federal Unemployment chart presented below.




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