Holy Sh*t...You're Not Going To Believe This
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 10 September 2025
⏱️ 30 minutes
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Summary
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Transcript
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| 0:00.0 | Hello, fellow rebel capitalists, hope you are well. |
| 0:03.7 | I can tell you what's not doing well right now. |
| 0:06.9 | That would be the labor market. |
| 0:09.6 | In fact, the data we got today was the worst data in history. |
| 0:15.5 | Now, let me say that again. |
| 0:16.7 | The data we got today was the worst data in history in regards to the revisions from the non-farm payroll. |
| 0:26.9 | Worse than the GFC. |
| 0:28.4 | Absolutely true. |
| 0:29.8 | I mean, just my had the volume off a little bit there. |
| 0:32.1 | Sorry for those of you, just got your eardrums blasted. |
| 0:35.8 | But let's get into the important stuff here, guys. |
| 0:39.0 | The BLS did their benchmark revisions, |
| 0:43.2 | their first round of benchmark revisions. |
| 0:46.5 | And let's go over the details. |
| 0:50.2 | Let's see. |
| 0:50.7 | First and foremost, let's go to the BLS. |
| 0:52.6 | Just go straight to the source. |
| 0:53.9 | And then we're going to go over and get into the nuance over on zero hedge. And then we're going to connect some dots and go back to, I don't know, something called the yield curve. Have you guys ever heard me talk about that? I'm going to pat myself on the back a little bit throughout this video. Hopefully you guys can appreciate that. I'm going to I'm going to pat myself on the back a little bit throughout this video. |
| 1:11.6 | Hopefully you guys can appreciate that. Here we go. So from the BLS today, drum roll, please, |
| 1:19.1 | we had a revision of a mere 9 11,000 jobs. |
| 1:28.3 | Basically a million jobs. |
| 1:31.5 | Just, oh, oh, look, there's a squirrel. |
... |
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