Well, the MSM’s recent PORE that widely and wildly promulgated the surprisingly good and highly predictive “Jobs” numbers has been exposed by none other than Morgan Stanley. It turns out, as with so many other of these phony economic calculations, to have been artificially crafted.
This should be instructive for all; the MSM is right now setting the stage for the “Great Deception of 2012.” Are you and your company ready for the VERY LAST buying-surge of the DCBF’s, who will be maddened into a frenzy by the glowing reports crossing their FV’s in late 2012 and early 2013. (See our Polestar acronym lexicon on the bottom of our Home page @ www.polestarcomm.com for meanings of FV, DCBF and PORE.)
More importantly, are you and your company ready for the horrific economic implosion that is now ordained after these things, when the Tsunami Super “Kondratieff” Long–Wave’s second wave sweeps over all the world’s economies?
The following is from: http://www.zerohedge.com/news/massive-beat-not-so-fast-morgan-stanley-warns-42000-jobs-due-seasonal-quirk
Massive Beat? Not So Fast - Morgan Stanley Warns 42,000 "Jobs" Bogus Due To Seasonal Quirk
Submitted by Tyler Durden on 01/06/2012 08:59 -0500
"Enamored with the 200,000 number? Don't be - the reason why the market has basically yawned at this BLS data is that as Morgan Stanley's David Greenlaw reports, 42,000 of the 200,000 is basically a seasonal quirk, which will be given back next month, meaning the true adjusted number is 158,000, essentially right on top of the expectation. From David Greenlaw: "some of the strength in this report should be discounted because of an seasonal quirk in the courier category of payrolls (Fed-ex, UPS, etc). Jobs in this sector jumped 42,000 in December, repeating a pattern seen in 2009 and 2010 (see attached figure). We should see a payback in next month's report."
"Enamored with the 200,000 number? Don't be - the reason why the market has basically yawned at this BLS data is that as Morgan Stanley's David Greenlaw reports, 42,000 of the 200,000 is basically a seasonal quirk, which will be given back next month, meaning the true adjusted number is 158,000, essentially right on top of the expectation. From David Greenlaw: "some of the strength in this report should be discounted because of an seasonal quirk in the courier category of payrolls (Fed-ex, UPS, etc). Jobs in this sector jumped 42,000 in December, repeating a pattern seen in 2009 and 2010 (see attached figure). We should see a payback in next month's report."
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