Charts SYSTEMS

[snootmagruder]

gdl, Not that it matters much, but I was referring to new jobs created was 204 thousand and last month it was 203 thousand. Even if you start dancing around with claims of the method used, these should be somewhat in sync. And the method for most or all of these are limited polls which are then extrapolated out to supposedly cover the nation. The less exact the method the more likely they can be off or manipulated. As for the Fed itself. They are the absolute worst at projections and recognizing bubbles. This QE experiment will likely end us up somewhere less than where we were before they started. If it were to turn out well it would be the first time they didn't screw things up. All of the economic downturns can be traced back to irresponsible stimulus action, some being used as political moves (elections and egos) and the rest just because they didn't know when to taper or quit. Stimulus is both the cause and solution of all the economic problems.