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by Chuck Butler
Daily Pfennig
Good day…. And a Tub Thumpin’ Thursday to you! I don’t feel much like Tub Thumpin’ right now… In fact, I almost made a call to the bullpen this morning… But today is a lot like most days, I’ll soldier on, and eventually I’ll feel better… Todd Rundgren greets me this morning with his song: It Wouldn’t Have Made Any Difference… Todd had a couple of other songs that are better known, but this one is my fave from him… All the focus in the markets has already shifted to tomorrow’s Jobs Jamboree. UGH! Let’s listen to the words of Todd Rundgren when we think of the Jobs Jamboree… Well, it wouldn’t really make any difference..
I’m sorry, but that’s how I feel about the monthly BLS (bureau of labor statistics) print of jobs created for the previous month.. The BLS doesn’t count widgets the same way you and I do, and therefore I say it’s all hogwash, but the markets are still enamored with the BLS print, so I have to pay attention to it… UGH!
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