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Monday, January 26, 2026

“The People On Wall Street Aren’t Seeing What’s Really Going On In America”

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

Today's jobs data was almost 5 standard deviations below Wall Street's best-and-brightest's estimate and has already been dismissed by many as an 'anomaly' or 'unbelievable'. Despite the fact that the National Retail Foundation noted over 17,000 layoffs in August "calling into question how much momentum the economy really has," one member of the public was able to #NailTheNumber on CNBC's great payroll-guessing game. Ronnie Squires explains to a silenced CNBC anchor the real state of America…

Apologies for audio quality…

 

The uncomfortable truth…

"I do a lot of traveling around the country and there's still a lot of folks who say 'there's no jobs out there'.

I watch [CNBC] every day and I just don't see it.

I don't know if the people on Wall Street are not really getting out and seeing what's really going on [in America].

When you go to small towns, like I do, and talk to people – people don't have much confidence in the numbers you hear."

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