Friday, August 2, 2024

#Economy & #Stocks Review - Massive Economic Slowdown

E&S Review
Much of today's economic data, time series officially collected and produced, are highly unreliable. Statisticians employ well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic to adjust economic outcomes as far back as the 1980s. Politicians and central bankers use these techniques for political gain.

Data massaged by statistical techniques (tricks) are revised when nobody is looking, or Administrations or public policies change.

Subscriber Comments

Massive Economic Slowdown

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The economy is slowing faster than the majority will ever understand. The majority believes the Fed will cut rates, the dollar will decline (the Euro will soar), consumers will start spending, and prosperity will be restored. Please read.



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