Hello fellow rebel capitalists hope you're well so in the news today the stock market is on fire

up 500 maybe 600 points but the reason it's up is very interesting, which goes to prove the point I was making yesterday on a video, that the stock market is now not a reflection. In fact, it's not even close to a reflection of the

overall economy or the businesses, the corporations within the economy. It is simply a casino that gambles and instead of playing a slot machine or spinning a roulette wheel,

what everyone in the casino is gambling on is what the Fed will do with interest rates.

That's literally the only thing that drives the market and to, well I shouldn't say the

only thing but you guys know what I'm talking about.

That is definitely the strongest cross current.

We'll just say that.

So let's get into this story from Zero Hedge, and you guys will see what I'm referring to.

So the title, Bonds, Stocks and Gold soar on weaker wage growth.

You heard right. Stocks soar on weaker wage growth. You know, if aliens came down from space or Mars or whatever and you ask them if we had weaker wage growth

do you think that would make the stock market go up or down? If we had better economic metrics coming out, do you

think that would make the stock market go up or down? And obviously they would

say, well, the better the numbers, you would assume the better the stock market would be,

the higher it would go. Oh, no, no, no, you would be completely wrong, is the exact opposite of that.

So the article says forget the good news and the jobs report

that was yesterday record unemployment and under employment rates.

Let's focus on weakness in wage growth.

So a bunch of revisions came out today and this guy Nick Timerose who a lot of people say is basically the

mouthpiece for the Federal Reserve if they want to get something out in the

media they kind of leak it to this guy I think he works for the Wall Street Journal. He says revisions to hourly earnings, average

hourly earnings data, paint a marginally less worrisome picture for the Fed.

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