Brace For Another Huge Negative US Payrolls Revision, Greenlighting A 50bps September Rate Cut | Metals Mine

  • Brace For Another Huge Negative US Payrolls Revision, Greenlighting A 50bps September Rate Cut

    From zerohedge.com

    It was almost exactly one year ago that the constant stream of BS coming out of the BLS (Bureau of Labor Statistics) finally snapped. For years, ZeroHedge had been writing that Biden's Bureau of Labor Statistics had been massaging the jobs data to make the economy appear stronger than it was - if only to give the braindead puppet in the White House talking points with which to fill countless awkward silences - chronically revising every prior month's data lower while overestimating the current month (until next month's downward revision) while using every trick imaginable to cover up the deteriorating reality: fewer ... (full story)

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Bakker
Sep 2, 2025 11:07am
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This guy is magnificent!!
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The Fool
Sep 2, 2025 1:26pm
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Regardless of what you think of the NFP data or what your politics are, Friday's NFP shaping up to be a good binary trading opp, so the time to start mapping or building positions is now. For my part, I'd say the print will be a negative #, and equities will tank. But, as usual, I'll trade both ends of the spectrum. There's lots of other consequential data coming out this week, so there could be some good volatility, a welcome change after the July-August doldrums.

Same-o, same-o conundrum with a big NFP miss: weakening labor market greenlights Fed 50bps cut, but also signifies the economy grinding gears - so which way risk assets?

If NFP beats or is inline, we might see big moves both ways. I am completely wrong about 1/2 the time, so that's why I swing both ways.
LightchaserG
Sep 2, 2025 1:37pm
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Jobs numbers will be "Beautiful!" No negative numbers, it will be better than expected.
The democrats fudged the numbers! lol... here goes new amazing data from the BLS!
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NotAtrader
Sep 2, 2025 11:18am
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No way. The possibility of a higher inflation count against that. If such a big cut happens, it's because of Trump and not because of the numbers.
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Polimini
Sep 2, 2025 1:44pm
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hasn't he put his own guy in charge of the numbers? they will be all green, the greenest numbers anyone has ever seen
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chemosi
Sep 2, 2025 7:35pm
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Some people are hitting a new low...fantastic...
Payrolls analysis is now russian propaganda...get a grip of yourselves...
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Jr123
Sep 2, 2025 11:31am
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Just wondering if the Trump administration will get their way. They claim job numbers are great, never better.
Yet they want interest rates lowered. I'm not an economist but I'm pretty sure that's not a good idea.
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Trader#AECA
Sep 2, 2025 11:15am
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This guy is an absolute moron foaming at the mouth to label something political. He completely neglects the fact the same exact thing happened during the trump Whitehouse. Why is this garbage article even being posted on FF?? Do better forexfactoty
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highdesertAZ
Sep 2, 2025 11:51am
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It has been well known for decades that the BLS UE numbers are inaccurate. Read the methodology for the "Household Survey". A completely subjective phone survey - useless. The establishment methodology is statiscally flawed due to a sample size that is so small, it's also nearly useless. The BLS hasn't fundamentally improved or updated the data collection and analysis methods in decades.
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Trader#D55E
Sep 2, 2025 11:09am
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Last time I had the impression that the Fed would cut by 50bps and I was right. I don't really follow this bullshit as much as I used to, but I believe the same will happen again if we get to see the real (terrible) numbers. 2Y yield currently at 3.65%. US Repo (liquidity) almost drained. There are many signs that already point to something bad ahead, and bad job market numbers will only add fuel to the fire.

50bps cut is very, very possible.
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240z
Sep 2, 2025 5:03pm
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How is this Russian propaganda media outlet allowed to be on FF ??
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Trader#EF2B
Sep 2, 2025 1:36pm
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gold is buy to 3640
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Trader#292B
Sep 3, 2025 7:24am
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Lies and Bull s**t. If the numbers don't suit this administration do they just fire that person and hire another sycophant who can fudge the numbers.
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