The Phantom Labor Market, An AI Boiler Room, and Detroit’s $8 Billion Reality Check
Published on 02/11/2026 at 15:55 | Redaktion boerse-global.de
If you felt like the economy was gaslighting you last year, you weren’t crazy.
For months, Wall Street operated under the assumption that the U.S. labor market was an unstoppable juggernaut. But this afternoon, the Bureau of Labor Statistics (BLS) performed a vanishing act, erasing nearly 900,000 jobs from the record books in a massive statistical revision.
The economic strength of 2025 wasn’t just exaggerated; large parts of it were a hallucination.
And yet, the Dow Jones Industrial Average is holding firm above 50,000. Why? Because markets trade the windshield, not the rearview mirror. While the past has been downgraded, the data for January 2026 just delivered a surprise that suggests Read more...
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