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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Demosthenes who wrote (14203)6/5/2000 11:02:00 AM
From: Justa Werkenstiff  Read Replies (2) of 15132
 
D: Re: "Today said as much again today. Is there any historical instances where data suggesting economic slowing such as what came out on Friday turned out to be flat wrong?"

All the time. The pitfall is to take a data point and extrapolate a trend when the data point was an simply an anomoly caused by revisions or the natural ebb and flow of the economy.
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