Headlines versus Underlying Data
I sometimes think I live in a different planet than some people. My friend Cody, for instance, lives in a very different economic world...
WSJ: Holiday Sales Numbers Don’t Add Up
The WSJ agrees that one cannot determine actual sales from a sentiment report: Here’s how the NRF’s polling company,...
New Home Sales Data: Don’t rely On It Either
Here we go again: Yesterday’s New Home Sales data of plus 13% month over month was . . . how shall I politely phrase this . . ....
The Mystery of the Awful Economists
This was originally published at the The Street.com’s Real Moeny on 3/2/2005 3:42 PM > “We have 2 classes of forecasters:...