Hello, fellow rubble capital.

I hope you're well.

So I wanted to do a quick update video because we've had so much going on today with these huge revisions in the non-farm payrolls.

And this really increasing the probability of a recession.

But what just hit the wire would suggest that we're not headed toward a recession,

but we're actually in a recession.

Let me show you exactly what I'm referring to.

I first saw this on Zerohead, so I want to give credit where credit is due,

but it's kind of behind their paywall.

Let me do a screen share, and I'll show you guys what I'm referring to.

Let's go over to Zerohead right here. Bloomberg chief economist.

Stunning admission. Job revisions confirm recession started in April of 2024.

So this gal's name is Anna Wong.

I've heard her a few times with Adam Tager, my good buddy,

on The Thoughtful Money Podcast.

If you're not listening to that podcast,

what are you doing?

You should because it's a really,

really good one.

But let's go over to Bloomberg and unfortunately, I subscribe to Bloomberg, but unfortunately to read what Anna

says or as far as her full article, there's like another paywall. It's really annoying.

But here's the quote we got that I think Zero Hedges referencing, or they probably have a Bloomberg

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