No Hope No Change

If the normal correlation between the jobs report and the Philly Fed holds up, looks like John Hussman will get his negative print with the July employment report. Which will set the cat amongst the pigeons, for sure, as the administration will go berserk. Mr “Hope and Change” has already thrown that idea over the side and re-branded himself as a attack pit bull. What will he do when he starts to panic (if he hasn’t already)? Michelle had better get those last vacations in now, I would say. Chart thanks to … of course, zero hedge.

Post a comment or leave a trackback: Trackback URL.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: