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by richrichie 737 days ago
Things have been generally bad except for a small group of AI/ML people. If you are in your mid forties and above and lose your job, tough luck.

SPY trajectory is misleading as it is dominated by a small set of companies.

https://www.zerohedge.com/markets/fed-chair-powell-admits-bi...

1 comments

This 'article' is taking a lot leeway from the following 11 words, "there is an argument that they may be a bit overstated." This whole thing reads like it belongs on OAN.
ZH is like a less-respectable OAN
Doom porn for the economically unsophisticated.
Lol, stay in your echo chamber. They caught the discrepancy in job stats a year ago.
Funny getting advice like that from within the Putler-propaganda echo chamber.
Note the date: 15 Feb 2022 -- a week before Putler's invasion. Of course they'd been ramping it up in preparation, to the extent that even the AP reported on the agencies' findings.

It's a bit like RT: Before the invasion, lots of naïve Westerners used to buy that drivel too; now only the most deluded conspiracy kooks do. It's just that secondary site metastases like this ZH aren't as obviously descredited, so all the "keeping an open mind to the extent my brains have fallen out" conspiracy-flirters, semi-kooks, and other morons keep sucking the propaganda teat.

Fed chairmen don’t tell stories. They are terse. Thats a lot for a fed chairman to claim that government overstated stats.