Says volumes moving forward on the ever changing economic conditions that seem to be cloaked in government stats always being adjusted AFTER THE FACT leading to misleading conclusions and trends.

Retail hiring for the holiday season in the United States was just 135,000 workers this year.

This is the lowest number since 2018 and nearly 100,000 less jobs than the 2020 holiday season.

Small signs of weakness in the labor market continue to emerge.

Furthermore, retail is… pic.twitter.com/2M7Rt2uEfy

— The Kobeissi Letter (@KobeissiLetter) November 7, 2023