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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (6682)5/19/2004 1:17:54 PM
From: benwood  Read Replies (1) | Respond to of 116555
 
At my physical last December, my doctor scared me with the facts: my BP was 190/120 and my cholesterol was a whopping 320! However, after I got home and read the report's fine print, I discovered that it was seasonally adjusted for holiday snack season, and the raw, unadjusted numbers showed BP of 125/80 and a cholesterol of only 88. Man, was I was relieved! I also realized my seasonally adjusted tan was, in fact, not tan.

So why the heck is anything seasonally adjusted, esp. when the norm is to compare with 12 months back? We live in the freakin' age of supercomputers with 800 teraflops of computing power available to the gov't alone. Can't they deal with unadulterated numbers?

The seasonally adjusted answer is, of course, yes. Unadjusted, however...



To: orkrious who wrote (6682)5/31/2004 10:20:21 PM
From: NOW  Read Replies (8) | Respond to of 116555
 
i think Lance is way off the mark here. M1 rise is huge. Risk aversion? whats that mean? the fed is monetizing a large amount, and who knows what tehy are buying with it.