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Poor pathetic Janet Yellen, so in over her head. She perhaps should consider changing her last name to Jolts. It seems her tenure has been full of them. So much of the data fed to the public under her reign has proved apocryphal. SNl, if they weren't so far in the leftist tank, could conjure up some hilarious skits. That is, if anyone watches SNL anymore.

The Fed will be forced to act based on their own incompetence. They've been indecisive so long that meter doesn't register anymore. Then, too, more and more--not just their critics--are realizing and openly saying the wheels of central banking in general fell off a while ago. It's a once Welcome Wagon no longer welcome or necessary no matter what it takes.

This has the smell of the wrong thing at the wrong time, a seemingly steady staple of the current Lords of Eccles and their masters at the White House.

Considered Janet Yellen's "favorite job market indicator", today's JOLTS report revealed an unpleasant headline print: in August the number of job openings tumbled by 388K, the most in 12 months, to 5.443 million, the lowest print since December 2015, and the biggest miss to expectations on record which stood at 5.727MM. One reason for the disappointing print may be that last month's data was revised substantially higher to 5.831MM.

More: zerohedge.com/news/2016-10-12/yellen-will-not-be-pleased-job-openings-miss-most-record-tumble-2015-levels