Subject: Re: Protecting the Downside
Watch unemployment.

Might as well watch chicken entrails.
Or the Queen in a 3-card monte game.

Any statistic that is subject to political pressure (and games) is useless. Unemployment data gets revised and gets tweaked due to politics all the time.

The things to look at are statistics that DON'T get touted on the TV news or Yahoo news.

Things like Industrial Production: Total Index (INDPRO) and Real Retail and Food Services Sales (RRSFS)
https://fred.stlouisfed.org/se...
https://fred.stlouisfed.org/se...

Ever seen either of them on the 6:00 news? No.

The God Emperor is doing just fine. Just what we voted for.