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US Department Of "Baffle With Truth" In Just Two Quotes
Confused? You are not alone...
ISM's Nieves: "services in strong uplift in recent months"
Markit's Williamson: "moderating growth in the service sector is a sign of domestic demand weakening... services collectively growing at a much reduced rate"
Trade accordingly...
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OK, Which one has contacts or affiliation with any gov't agency.
No.. Give them each a loaded 50 caliber muzzle loader pistol, take 20 paces away from each other and fire!
Fucking idiots.
Of course! It's the Schroedinger Economy!
"It's a great time to buy OR sell a home!"
http://ochousingnews.com/wp-content/uploads/2013/07/z_nar_propaganda_2006.png
It's a great time to buy or sell stocks!
Things are going well, just don't open the box....
LIES ... the new truth! And the algos are eating it up.
Baffle the American people with bullshit - it's the Chewbaca defense:
Chewbacca defensehttps://www.youtube.com/watch?v=xwdba9C2G14
I reject Markit's reality and substitute ISM's version of reality.
Sincerely,
S&P 500
At the very end of the Markit piece it reads
"Price pressures have meanwhile fallen, meaning
policymakers can enjoy a ‘goldilocks’ scenario of
robust growth and low inflation, providing greater
leeway to hold off with raising interest rates.”
Anything to keep from raising rates.
Yes, but unfortunately, a period of "robust growth" always has high/increasing interest rates historically. So I don't see how that memes helps the oligarchs.
Don't know how much more of this Good News i can take.
Hooray! Lets jump off a cliff together!
"You'll be whistling Zippity Doo Daa out of your assholes!"
https://www.youtube.com/watch?v=3eRtv-d8k6g
If you push something hard enough it will fall over - Fudd's First Law of Opposition
why not show us the names of the people interviewed and their contact information. why not double check to see if it's real or rigged, right?
Oh, the surveys are real. It's what's done with the data before you see the results that's where the monkey business happens.
You don't think they just add it up and divide by the number of people surveyed, do you? Oh, no no. They do a lot of other special statistical stuff to normalize the data, apply seasonal adjustment factors, etc. It's like.... math stuff. And math is hard. Better we don't know how the process actually works.
Let's not forget the 'dart board modifier'.
Mark Twain: "There are three kinds of lies: lies, damned lies, and statistics."
At the end of my second statistics course I knew enough to manipulate any data set to get the results I wanted.
In GUBBY we trust, NOT!
The wonks never heard of him or his video confessions. They continue to point to CBO numbers to prove their positions.
They're bookies, cover both sides and clean up with the vig.
King Dollar having a good day
DXY hit 89 earlier ... trading just under now
Just define your audience.
I would think only one of these guys "represents" a group, such that any glimmer of hope is magnified through a prism of positive bullshit. The other might be a bit more open since he "represents" a group that would have to act on information such as this. Thus he would be a bit more pragmatic, not to mention honest.
Too much sunshine, not enough open honesty. Just walk around your neighborhood and evalaute what is going on. Check out the shops, the stores, the people. I don't get a good feeling about things.
here's another story ZH'rs should jump all over- The FDA can force mandatory calorie counts for the little guys and food chains, yet they are scared shitless... or on the dole... to tell Monsanto to label their GMO's...
HELP A MOTHERFUCKER UNDERSTAND.
Millions have marched against Monsanto urging labeling or the banning of GMO products. There is a national consensus in favor of labeling but the government has been unable to respond. Indeed, President Obama's food czar is a former Monsanto executive. The deep corruption of government is putting the health of the American people at serious risk.The research highlighted below, "Genetically engineered crops, glyphosate and the deterioration of health in the United States of America," was published in The Journal of Organic Systems this September and links GMOs to 22 diseases with very high correlation. We reprinted many of the graphs from the study that show an incredible correlation between the rise of GMO crops that use the herbicide glyphosate and a wide range of diseases.
http://www.fooddemocracynow.org/blog/2014/dec/2-2?utm_medium=twitter&utm...
these "soft" surveys are a joke
riddled with survivor bias ... need to be in existence to respond
surveys sent to shuddered businesses are Lost In Translation
Better still, I can't believe that the media keeps pushing the "a falling Yen is good for Japan, but a falling Ruble is bad for Russia" meme...
fucking idiots.
An excellent point. The Russians may be re-enforcing the perception by trying to (rightfully) defend the Ruble.
At least the Russians understand that impoverishing their people is no way to grow their economy.
The cognitive dissonance is even worse if one is to consider the DEBT of the japanese government compared to the DEBT of the Russian government.
ECON 101. If you have low debt, deficit spending really isn't a problem. Even better, Russian exports just got a whole lot cheaper for China and Iran.
The desperation that is evident in the elite now having to falsify pretty much all the US economic data is getting ever more extreme. The problem is that it has got so bad that now everyone knows what appears in the MSM is unreliable. The tipping point must be close....time to short everything but gold!
Yet,
Homeland Chief Unable to Explain How Executive Amnesty Helps Americans.
Brussels directive steering committee for Global Governance must be shitting their pants.
/LOL
"When it becomes serious, you have to lie"
-- Jean-Claude Juncker
And everything is now a lie.
'
'
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I think they've reprogrammed the 'chomskybot'.
Nobody believes anyone anymore.
•?•
V-V
So...buy straddles?
When you are deep into the business of lies, it is really hard to keep shit straight.
Eddie's in the spacetime continuum.
According to the book of cool terms, "Confused " was 2013...'"Its complicated" is 2014
Things are improving in a moderated fashion at the margins
Lie Harder with a Vengeance 67