Rosanna Prestia, MBA@RosannaInvests
Strong jobs report headline -> MISLEADING 👀
Worth reading the composition: 70K was a likely World Cup hospitality spike (5x trend) strip it and you’re at trend, not hot, with finance still shedding jobs.
Same lens as the trimmed-mean inflation debate: the question is always which volatile number is noise vs. signal.
Here it’s noise. Trim it and the labor market’s softer than the print. 🤯