Saturday, October 07, 2023

Jobs Numbers vs. Tax Numbers

Ticker found an interesting little factoid which has to do with the Bai-Den "employment" release:

...if you looked at this report standing alone and believe it, the jobs market is good.  The equity futures tanked 40 handles on the release, which is no shock given that data -- if you think rates are done going up, well, no they're not with that sort of jobs report.

But..... now square that with the fact that employment tax receipts are down....

Was Hunter Biden was responsible for remittances?

 


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