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ProfessorGAC

(76,190 posts)
5. The Constant Reporting Of The Floor...
Tue May 5, 2020, 05:43 AM
May 2020

...was also an issue.
When they dropped it from 66,000 to 60,000, the median of the model was 84,000 with a forced ceiling of 108,000.
If we looked the the model, the floor had an upward slope until early August. The media barely had a slope and the ceiling was flat for at least 6 weeks.
So, the model was, in fact, flawed to some marked degree but the consistent public release of only the floor value was deceiving.

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