Archive for November, 2016

October 2016 – Monthly Commentary

November 15, 2016  |   Monthly Commentary   |     |   0 Comment

October 2016 Prior to the release of the October employment report, Bloomberg television welcomed a prominent economics professor to the show, asking him to give his first impression of the then soon to be released economic data.  During their idle chatter prior to the release, the professor reminded viewers that years back, Jack Welsh, the former CEO of General Electric had insinuated that the employment report was “made up” and not an actual reflection of employment.  ...