Hello, fellow robo capitals. Hope you're well. So we have new data out again yesterday,

ADP, and today the initial claims, and we haven't seen this type of data since 1969.

That's no joke. I couldn't believe it when I actually saw that. Outside of the cervases sickness, that didn't really count.

But outside of the surveesis sickness, we haven't seen this since 1969.

So let's get right into the action here.

Great article, by the way, from Zero Edge.

I've been kind of rough on them this year because they turn so political,

but they still crank out some good material from time to time. And this is one of those articles.

So we've got a screen share here. Okay, cool. No hire, no fire economy. I actually did a whiteboard

video this morning on the labor market, and I used this

specific article. And the conclusion I can't, well, I'll actually give you the conclusion at the

end of this video, because I think this is a very accurate representation as to what is happening with the labor market right now.

Because we're getting a lot of conflicting data.

I mean, if you guys didn't watch the video yesterday, let's go right over the calendar.

And we had ADP come out with an expectation was 40,000 jobs.

By the way, it's terrible to begin with.

We had a negative 32,000.

Negative 32,000.

That is terrible.

And I think this is a good representation because it's all about the private sector.

And at the end of the day, that's really the engine of growth, let's say, in the economy,

sure as hell, isn't the government.

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