OMG! Gallup shows Unemployment Bottomed
They release their economic numbers based on last night's survey of yesterday. Huh?
What that means is today's after 1:00 numbers reflect April 15th.
Guess what? Hiring 24% Letting Go 24% Yes, it's just 1 lousy...meaningless TICK mark..... But is it so meaningless? Do we have a trend? Hiring reaching at a pace to match lay offs?
While Alstry is predicing 30% unemployment... Gallup is showing a bottom in Unemployment.
If numbers start too look real interesting over the next two weeks in which Hiring / Letting Go keep diverging each-other....Keep touching.... You know that Wall Street is watching Gallup's surveys.... You know they are...
This Market is ready to explode to 9,000 at any semblance of a bottom in unemployment.
So... Just be aware that the future is mirky but Gallup shows for at least 1 Tick Mark..a Bottom in a lagging indicator.