I love this set of headlines from Neil Irwin:
Source: NY Times
We have spent a lot of columns arguing that NFP should be mostly ignored by traders, but Irwin does a masterful job showing the varied responses the BLS model creates to what is eesentially the same exact data.
Be sure to see the “Animated statistical noise charts” that explains this below.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
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