A Trader’s Angry Rant “Economic Numbers Don’t Mean Anything Anymore”
By Bloomberg’s Richard Breslow
ZeroHedge.com
Aug 1, 2016
No one understands the numbers so numbers don’t mean anything. But that’s how we’re meant to measure the economy and make investment decisions They need to spend more time trying to understand why no one “gets” the economy than where they hope its going. Finger-crossing shouldn’t be an input to an econometric model.
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