#Economy & #Stocks Review - Pay Attention To Energy & TAC Model

E&S Review

Much of today's economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.

Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.

Pay Attention To Energy & TAC Model

Stocks rose on Monday, led by a rally in the Technology (XLK) sector. Nvidia (NVDA) shares, meanwhile, recovered from early-morning losses of as much as 8%, although the stock remained down more than 4% following reports alleging that the AI chipmaker's CEO, Jensen Huang, had an affair with a woman linked to the Chinese government.

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