Its only going to get WORSE for obama as we still have 4-5 jobs reportings coming out. With higher weekly UE claims - July means another bad report.
Not only is that correct but this is the time of year when hiring would normally be happening. It ain’t-— and unless there is a large momentum change in the next 30 days or so then there is simply not enough time left before election for anything to happen that might make Obamuzzie look better than a low rent dumbass. And he will know a beating is coming so watch out for his frantic, last ditch, sewercide maneuvers
My financial gnome who follows the markets and my supplier gnome have noted ( nothing properitary here) that steel production / demand has fallen through the floor.
Which may mean worldwide slowdown and the mask coming off the false Chinese economy.
Not headwinds he needs for the next 4 or 5 months, he can't spin it...
I am fully expecting major shenanigans out of the Obama labor dept the rest of the way, in all their reporting