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Maserati
RE: Down goes the Dow

Maserati wrote:

Nothing but spin. No analysis of the quality of those "new jobs".

Same old.


Somebody emailed me something saying that according to "TrimTabs Investment Research", when new jobs are measured by the yardstick of withholding taxes, the actual number is only 55,000-85,000 jobs in February, less than half of the official estimate.

...I looked and just found it on zerohedge:

http://www.zerohedge.com/news/2016-03-03/us-added-only-70000-jobs-february-based-withheld-taxes

Add to that, that jobless claims rose slightly.

But hey, these should all be driving the markets higher because the risk of another rate increase is reduced, right?

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