The Strong Data Is A Mirage | Weekly Roundup
Episode publishedPodcast: Forward GuidanceForward Guidance
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Before we get started with today's show, I just wanna take a couple minutes to talk about permission list four, the next conference presented by BlockWorks. It's happening in June in Brooklyn, New York, and it's all for the developers and builders in crypto. So if you're interested in really understanding how the nuts and bolts of the crypto industry are being built and you wanna learn more, go ahead and get your ticket. I'm gonna be there as well as with Quinn and the rest of the Ford guidance gang. It's gonna be a ton of fun. So use the code f g 10 at checkout, and you'll get 10% off your ti
man. Solid. May, it's f one down here in Miami this weekend, so everyone's got stuff going on. It's sort of like the final cap of of Miami season. It kicks off with, like, spring break and Miami music week and stuff, and then it it ends here before everyone leaves when it gets And then
it gets, like, what, too hot and humid and everybody leaves? Yeah.
It's Yeah. Gets sticky, man. I mean, honestly, it's really not that much different than, like, New York City in the summer. I mean, it is worse, but temperature wise, it's actually about the same. You just the temperature doesn't change. It's like you wake up and you're sweating and you go to sleep and it's the same. So it's kinda nice, though. It's your skin is, like, immaculate. Yeah.
Yeah. I like that. I have, where I moved is, you get a lot more sun than where I was at before, and I can already tell the difference. I'm like, man. That's Canadians, man. We're missing our vitamin d. You can tell the difference.
Yeah. How can you not smile when you wake up to, you know, beautiful days? Exactly.
Cool. Well, yeah, we're we pushed this so that we could record after the NFP job support, which came out this morning. So, yeah, man. Let's let's get right into this. It was it was a strong report. Joss came in at one seventy seven, significantly above most expectations, which is super great. Unemployment rate, well, great if you're in econ bull. Unemployment rate stayed somewhat flat. I think the unrounded went from 4.15 to 4.19. So, you know, four basis point change. Nothing crazy there. Average hourly earnings month over month came in slightly below the expectations of point two, which is i
who whose revisions are those? Are those Trump's revisions or Biden's revisions? Yeah.
Exactly. Whose
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