#Economy & #Stocks Review The Day After, We're All Good 😂

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 Day After, We're All Good 😂

Treasury Secretary Yellen,

YELLEN: FED RATE CUT IS "A VERY POSITIVE SIGN" FOR WHERE THE ECONOMY IS

YELLEN: RISKS OF INFLATION HAVE "MEANINGFULLY DIMINISHED."

— *Walter Bloomberg (@DeItaone) September 19, 2024

President Biden,

BIDEN SAYS LOWERING BORROWING COSTS WILL HELP ECONOMIC GROWTH

— *Walter Bloomberg (@DeItaone) September 19, 2024

Fed cuts rates 50bp to restore normal indefinintely.

Computer's response,

Please watch recent Bond Report and Economy & Stock Report updates.

At least watch the following GIF. The ODDS say this will not end well.

Click & Enter Access Code to Watch

Follow me on 𝕏 or Facebook for further discussion.

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The Matrix provides market-driven trend, cycles, and intermarket analysis.