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Bernardo de La Paz

(60,320 posts)

2. Not true

Reply to Wiz Imp (Reply #1)

Thu Jul 31, 2025, 04:39 PM

Jul 2025

1) Economic figure reporting has always been compared to expectations.

2) The data in tRump 2.0 has not always been expected to be "really weak".

3) The data turns out about half the time to beat expectations and half the time to fail to meet expectations. That's what "expected values" in statistics should do.

Avoid confirmation bias. Take today's data as an example. Do it. Surprise yourself.

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SickOfTheOnePct EdmondDantes_

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Highlight:

July jobs report expected to show a labor market slowing to a crawl [View all] Demovictory9 Jul 2025 OP

This illustrates a somewhat sinister trend I've noticed with all Wiz Imp Jul 2025 #1

Not true Bernardo de La Paz Jul 2025 #2

Sheesh. 🙄 I should have been more precise but I didn't have the time at the time I made the post. Wiz Imp Jul 2025 #6

Only one out of eight Bernardo de La Paz Jul 2025 #3

The labour market is very tight Bernardo de La Paz Jul 2025 #4

Been layoffs Rebl2 Jul 2025 #5