Maybe this relatively new phenomenon (24 months?) of
consistently positive headline numbers that the market keys on,
followed months later by revisions that the market largely ignores
andare always in the same direction are a result of massive
improvements in technology, especially data science, over the last
decade? It's unreasonable to think is just the Gov cooking
the books
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Nonfarm Payrolls (Aug) +142K vs
Posted by steve on 6th of Sep 2024 at 08:30 am
Nonfarm Payrolls (Aug) +142K vs +164K Est.
July and June revised down
Posted by steve on 6th of Sep 2024 at 08:38 am
July and June revised down once again (getting to be a joke)
July revised down 25k and June 61K
Maybe this relatively new phenomenon
Posted by bthefnd on 6th of Sep 2024 at 09:08 am
Maybe this relatively new phenomenon (24 months?) of consistently positive headline numbers that the market keys on, followed months later by revisions that the market largely ignores andare always in the same direction are a result of massive improvements in technology, especially data science, over the last decade? It's unreasonable to think is just the Gov cooking the books