Wednesday 8 June 2016

GOH ENG YEOW: DISMAL US JOB DATA...MORE THAN MEETS THE EYE

So Mr Goh wrote his spiel here.

I zoom in here:
























The first assumption is the US job market is buoyant. The second assumption is that the 'profit recession felt by US-listed companies' is based on US-only factors.

Mr Goh should ask i) whether the buoyant jobs market is fuelled by the correct jobs or by bartenders/waiters, and ii) whether fall in profits of US-listed companies are caused by US or foreign-based revenue.

Good luck for the forum.


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