Inflate AND Die; January Jobs up 130,000, Netanyahu to Arrive in DC; Many 4th Quarter Results Poor

Sluggish trading persisted on Tuesday, perhaps slowing in anticipation the White House visit by Israel's Benjamin Netanyahu, or the delayed release of January Non-Farm Payrolls, which are expected to show an annual revision of close to one million fewer jobs than reported.

While Netanyahu was expected to land in D.C. at some undisclosed time, the jobs report was released an hour before the opening bell, revealing that employment rose by 130,000 in January. This is almost certainly a lie. Traditionally, businesses lay off people after the holidays. To believe that the U.S. added 130,000 jobs in a month that was impacted by two major snowstorms and government employment down 34,000 for the month is ludicrous at face value.

The BLS reports that total nonfarm payroll employment for November was revised down by 15,000, from +56,000 to +41,000, and the change for December was revised down by 2,000, from +50,000 to +48,000. Expect another revision - to January - next month.

Making themselves look even more politically-contrived, the BLS added their annual adjustment, to wit:

The seasonally adjusted total nonfarm employment level for March 2025 was revised downward by 898,000. On a not seasonally adjusted basis, the total nonfarm employment level for March 2025 was revised downward by 862,000, or -0.5 percent.

So, the January jobs fiasco issued, stock futures shot straight up, gold and silver sent straight down, anticipating something, surely not rate cuts with the job market so strong, unless the captains of collusion commerce don't believe the government either.

With everybody wondering about the future of interest rates (the cost of borrowing, upon which Wall Street thrives), the problem according to the Associated Press (AP) is this:

One of the reasons the U.S. stock market has remained close to records is the expectation that the Fed will continue cutting interest rates later this year. Lower rates can give the economy a boost, though they can also worsen inflation.

The Fed seems to have created its own mousetrap. It can lower rates to boost the economy, but there goes the currency, down the rabbit hole of hyper-inflation, and that has been exactly the plan all along. The Federal Reserve could care less about the lives of the miserable "little people." Their dual mandate is just one of the lies that allows them to continue the counterfeiting operation that creates money out of thin air.

Ask yourself, if you had the power to create as much money to spend on whatever you like, what would you do? Naturally, you'd create as much money as needed to buy up all the things you desire, give some to your friends and/or relatives, and enjoy the sweet life. If you are not a monster, you might even give some to the people who you see not doing as well. Make their lives a little better. It's just human nature, and that's exactly what the Fed has been doing, slowly, almost imperceptibly, for decades. After 113 years, they and their friends are all very well off, and they've completely dismissed the fates of the rest, allowing them to best fend for themselves.

When the currency collapses under its own weight, they will still own the finest properties, homes, yachts, businesses, and physical goods they need to live well and pass along to their heirs. Everybody else will have whatever they've managed to scrape together, but many won't have any income because there are fewer good jobs, and those who were dependent on government handouts - including those on food stamps, pensions and Social Security - won't have much and they will spend whatever government stipends survive just to stay alive. Some will lose their homes; others will starve to death or die from medical conditions they cannot afford to have treated. This is a process already in motion. First, hyper-inflation, then, depression. There may be a World War thrown in there for good measure.

If that sounds like the economy extant today, it is because the United States is in the late stage of collapsing the currency. The $US is worth less than two percent of what it was originally, back in 2013. Where a buck could buy a haircut, a dinner for two

In 1913, the average inflation rate was approximately 2.06% per year, leading to a cumulative price increase of about 3,173.96% over the years. For example, $100 in 1913 is equivalent to about $3,273.96 today in terms of purchasing power. Put another way that makes more sense, today's dollar would have been worth about $32 in 2013.

In 1913, one dollar ($1) could have purchased a bottle of Bordeau wine (39¢), a pound of fresh camembert cheese (30¢) and a tin box of Bent's Water Crackers (28¢) and gotten three cents back.

Try that today.

For good measure, here's a BLS report from June 28, 1913 [PDF]. Scroll down to page 25 to see the prices for various groceries in different cities, beginning with Atlanta, GA, where a pound of sirloin steak had risen from 20 cents in 1912 to 27.5 cents in 2013. People were upset...

What should be impacting the market, other than the prospect for war and phony statistics by government agencies are earnings reports. After the bell on Tuesday, these companies reported fourth quarter results:

• Ford (F) - reported worst quarterly miss in four years, shares flat on positive guidance (OK, sure)
• Lyft (LYFT) - big miss, operating loss, ridership down, shares off 15% pre-market
• Gilead Sciences (GILD) - bottom line beat, poor forecast, shares lower 1-2%
• Mattel (MAT) - EPs 0.39 vs. 0.54 expected, stock craters -30%
• Robinhood (HOOD) - revenue miss, stock down 8% pre-market
• Cloudfare (NET) - earnings beat, raises outlook, stock up 14%

• Wednesday, before the open these companies reported:
• Humana (HUM) - reports quarterly loss, poor outlook, shares down 6% pre-open
• KraftHeinz (KHC) - pauses plan to split the company, outlook negative, stock is down 8%
• Shopify (SHOP) - revenue beat, strong guidance, stock up 14%
• T Mobile (TMUS) - new subscribers fewer than expected, stock down 5%

McDonald's (MCD) will report after the bell Thursday.

Great economy, no? U.S. citizens getting played again.

Trump likely to tell Bibi, "we're gonna need a bigger war."

At the Close, Tuesday, February 10, 2026:
Dow: 50,188.14, +52.27 (+0.10%)
NASDAQ: 23,102.47, -136.20 (-0.59%)
S&P 500: 6,941.81, -23.01 (-0.33%)
NYSE Composite: 23,398.11, +57.37 (+0.25%)