#Economy & #Stocks Review The Labor Report Should Not Be Trusted
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.
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The Labor Report Should Not Be Trusted
We will be talking about the labor report and Birth/Death Model more in the Economy & Stocks Report. Please join the discussion if you’re growing tired of following the fools.
We’ve said it numerous times before, but we’ll say it again. The labor report should not be trusted. Here’s why. This is an open review for everyone to watch.
Follow me on ð• or Facebook for further discussion.
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Source: http://www.edegrootinsights.com/2024/05/economy-stocks-review-labor-report.html
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