Chart of the Day: When No Landings Become "OH, F**k"

When the consensus is consen-sing, watch out!

First, let's address the fucking horrendous nonfarm payrolls, which came in at 142k v 164k est. or the fact that last month's print was revised lower to 89k - surprise, surprise.

Power readers know I've been warning about labor market weakness since 2022 (yes, for two years); and it's really only been six months or so since markets participants and the p…