U.S. Economy Not Nearly as Strong as Payrolls Suggest Ep. 59

Published: March 7, 2015, 4:09 a.m.


\n\t* February Non-Farm Payrolls Number - 295,000 jobs
\n\t* Unemployment down 5.5%
\n\t* Analysts were expecting a miss
\n\t* Dollar at a new high
\n\t* Productivity dropped 2.2%
\n\t* Factory orders fell for the 6th consecutive month
\n\t* Economic data points only seen during recessions
\n\t* The Dow closed down - NASDAQ down more
\n\t* Labor force participation rate is down
\n\t* Average hourly earnings flat
\n\t* Number of people not in the labor force at an all-time high
\n\t* Increase in jobs represents people working more than one jobs
\n\t* 45% of the 295,000 jobs are assumed to have been created by optimistic government statisticians
\n\t* Disconnect between the weak GDP and the jobs numbers
\n\t* Consumer credit declined, indicating the consumer is struggling
\n\t* It's a good time to take advantage of the strong dollar and invest abroad
\n\nOur Sponsors:\n* Check out Ethos: ethoslife.com/GOLD \n\nPrivacy & Opt-Out: https://redcircle.com/privacy