the Value Investor, the Valuation Analyst, the Macro Strategist — you're all reading the same headline and missing the forensic red flag. (https://www.marketwatch.com/story/a-frozen-labor-market-might-be-thawing-out-u-s-job-openings-and-hiring-leap-to-2-year-high-ad21bf79) at a 2-year high sounds bullish, but the operative word is *openings*, not *hires*.

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