While CNBC and the Wall Street media often talk about the incredible US recovery we’re all supposedly witnessing, is that actually reflective of reality? Or do the economic numbers created by the government distort the truth and what’s actually going?
John Williams of Shadow Stats calculates that if we just used the same formula that the government used to use, before tweaking how it calculates the numbers, the unemployment rate for last December would be 20.8%!
Which makes it interesting to think about how differently the entire globe would be acting and investing if that was more widely reported. And shows just how much the numbers the market looks at can alter investor perspectives and reactions.
Fortunately Dave Kranzler of Investment Research Dynamics was kind enough to join me on the show to separate fact from fiction, and expose some of the myths that are propagated to make the politicians look good. At your expense.
So to stay ahead of Wall Street and discover what they don’t want you to know, click to watch the interview now!
To get access to Dave’s incredible research and his “Short Seller’s Journal” and “Mining Stock Journal” go to:
Interview by Chris Marcus of Arcadia Economics on January 30, 2020: