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Possible NFP Headlines

Posted By Barry Ritholtz On May 2, 2014 @ 12:30 pm In Data Analysis,Digital Media,Employment,Financial Press | Comments Disabled

I love this set of headlines from Neil Irwin:

possible headlines [1]
Source: NY Times [2]

 

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.

 

growth [3]

[3]

 

More here [4]


Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2014/05/possible-nfp-headlines/

URLs in this post:

[1] Image: http://www.ritholtz.com/blog/wp-content/uploads/2014/05/possible-headlines.png

[2] NY Times: http://www.nytimes.com/2014/05/02/upshot/how-not-to-be-misled-by-the-jobs-report.html target=

[3] Image: http://www.nytimes.com/2014/05/02/upshot/how-not-to-be-misled-by-the-jobs-report.html

[4] More here: http://www.bloombergview.com/articles/2014-05-02/looking-at-the-reactions-to-the-jobs-report-ritholtz-chart

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