BREAKING: President Trump says he is firing the Commissioner of Labor Statistics after the May and June jobs reports were revised lower by a massive 258,000 jobs today. Trump says jobs numbers are "being produced by a Biden Appointee" who "faked jobs numbers."

Trump questions the legitimacy of the 73,000 number reported for July today. Trump also says "Jerome 'Too Late' Powell should also be put 'out to pasture.'" This situation is heating up quickly. Follow us @KobeissiLetter for real time analysis as this develops.

The market can't even decide if these posts are bullish or bearish anymore.