source: BLS > BLS data has hit the tape, and its a bit of a yawner. As I write this, Dow and S&P are marginally in the...
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A quick comment before dashing off — lots of good stuff queued up today, so get ready. I no longer bother with the Over/Under bet...
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One of the things we have harped on for quite a long time here at The Big Picture is the flawed BLS Birth Death Model (BDM). Since 2003,...
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With November’s Non Farm Payroll coming out Friday, we thought a few previews this week might be instructive. One of the...
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You probably saw yesterday’s front page WSJ article, Subprime Debacle Traps Even Very Credit-Worthy. The real fun was the great set...
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I was chatting with a friend about our earlier post taking apart the New Housing Sales data (Sales drop 23.5%), and he asked —...
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Yesterday morning, Commerce released the New Residential Sales data. Encouragingly, the media has caught on to the monthly nonsense built...
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One of the things people do not understand is a basic truth about the BLS, BEA, Commerce Department, and other government data sources. I...
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Here’s the WSJ lede on GDP: "The U.S. economy soared last summer, growing at a rate much stronger than earlier estimated, but...
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Sales of existing homes fell to a record low in October. What was the largest drop in home prices — ever — wasn’t...
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