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Response to marmar (Original post)

Sun Jan 3, 2016, 04:44 PM

3. The Purchasing Managers' Index can be misleading.

Since "sentiment" weighs heavily in the index.

Besides being far too subjective a variable, sentiment can also be influenced by the fact that most purchasing managers are brainwashed Republicans.

I remember the PMI just plummeting in the months leading up to the 2000 election (widely publicized by the media at the time to the point of hysterics); but declining only slowly during the 2008 collapse (once elections were out of the way, their index crashed too of course).

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marmar Dec 2015 OP
LiberalArkie Dec 2015 #1
Wellstone ruled Dec 2015 #2
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forest444 Jan 2016 #3
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