#Economy & #Stocks Review - The US Consumer Is In Trouble

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

The US Consumer Is In Trouble

BARCLAYS DOWNGRADES THE US' RETAIL SECTOR TO NEUTRAL FROM POSITIVE.

— FinancialJuice (@financialjuice) August 7, 2024

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