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\\n \\t* What a difference a week makes, or maybe and economic report
\\n \\t* The two big reports that everybody seems to focus on are the GDP numbers and the jobs numbers
\\n \\t* It seems that the weaker the economy is, as measured by GDP, the more jobs, somehow, the economy seems to create
\\n \\t* We got the jobs report for July and just a week earlier we got Q2 GDP
\\n \\t* As I spoke about on the last podcast, that number was basically half of what Wall Street had been anticipating - less than half
\\n \\t* They were looking for 2.4 or 2.6 and we got 1.2
\\n \\t* Even worse, we went back and revised down the prior 2 quarters to below 1%
\\n \\t* That very weak number caused people to talk about the fact that the Fed can't raise rates, the economy is weaker than we thought, are we slipping back into recession?...
\\n \\t* Now fast forward a week, and we get a Non-Farm Payroll report that is higher than anticipated and now all of a sudden people are starting to talk about September rate hikes again
\\n \\t* Obviously, withe the stock market on Friday rising to a new record high, I doubt the equity traders actually believe that Friday's jobs report is going to produce a rate hike
\\n \\t* Yet it doesn't stop all the financial journalists writing about how this confirms that the recovery is on track, and the Fed can raise rates
\\n \\t* This jobs report doesn't confirm anything
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