The REAL Economic Data Was Just Released, It's Not Good -...

What this episode covers

Revisions are a normal part of high frequency data. Constant, near-exclusive downward revisions are not. Rewrites should be more evenly distributed which means these stats are overstating the economy. Plus, the problem is spreading hitting retail sales and IP as well as payrolls. While everyone went nuts over retail sales, the problem with July's number isn't just the likely downward revision.Eurodollar University's conversation w/Steve Van MetreBloomberg Fed’s Goolsbee Says He’s Growing More Concerned About Employmenthttps://www.bloomberg.com/news/articles/2024-08-14/fed-s-goolsbee-says-he-s-growing-more-concerned-about-employmentBloomberg Manufacturers Axe Products as a Factory Slowdown Lingershttps://www.bloomberg.com/news/newsletters/2024-08-16/rockwell-rok-xylem-xyl-axe-products-as-factory-slowdown-deepenshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

Share this episode

Similar Episodes

U.S.-China Relations at a Crossroads — Serah Beran and Victor Shih

Dec 18, 2025 ·30m

Bureaucracies at War, Featuring Tyler Jost

May 12, 2025 ·19m

Care, connection and who decides

May 17, 2024 ·50m

Our vulnerable environment with Sophie Lewis

May 10, 2024 ·42m

The Forest Wars: securing the future

May 3, 2024 ·44m

A conversation with ANU Vice-Chancellor Genevieve Bell

Apr 26, 2024 ·50m

Similar Podcasts

Third Eye Edify Podcast Jorge Mesa Get my new book:Paperback: https://a.co/d/httI0daEbook: https://books2read.com/u/mBAx6OCheck out my website: http://thirdeyeedify.com/Join my Bass Player University:https://jorgemesamusic.com/bassplayeruniversityThis podcast is on a relentless quest for truth, no matter what dark corner it is hiding in. Hosted on Acast. See acast.com/privacy for more information. What Works? Sophie Scott, UCL PALS Prof Sophie Scott, Director of the Institute of Cognitive Neuroscience at University College London, discusses life and science and careers with her colleagues from the Division of Psychology and Language Sciences at UCL, and beyond. The aim of the show is to highlight some amazing scientists, and explore their journeys through science and life, and find out what works for them. MomDocs St. Louis Childrens Hospital - MomDocs A monthly podcast from Washington University pediatric specialists at St. Louis Children’s HospitalThe MomDocs are pediatricians at St. Louis Children’s Hospital. They work in a variety of specialties and share their advice and expertise on the questions we all face as parents. WW2 - the Key Questions, answered by Laurence Rees. Laurence Rees A former Head of BBC TV History programmes, Laurence has specialized in writing books and making television documentaries about World War Two, the Nazis and Stalinism for thirty years. He won a BAFTA and a Peabody for his TV series 'The Nazis: A Warning from History' and a British Book Award for his book on Auschwitz, which is also the world's best selling book on this notorious camp. His book 'the Holocaust: A New History' was described by the Times as 'exemplary' and by the Daily Telegraph as 'the best single volume account of the atrocity ever written'. Educated at Oxford University, for several years he was a visiting senior fellow at the London School of Economics, London University. He holds honorary doctorates from the University of Sheffield and the Open University. Professor Robert Service, of Oxford University, described Rees as 'one of the world's experts on the Second World War'. Sir Max Hastings wrote in the Sunday Times, in a review of Laurence Rees' 'World War Two: Behi

Frequently Asked Questions

How long is this episode of Eurodollar University?

This episode is 17 minutes long.

When was this Eurodollar University episode published?

This episode was published on August 19, 2024.

What is this episode about?

Revisions are a normal part of high frequency data. Constant, near-exclusive downward revisions are not. Rewrites should be more evenly distributed which means these stats are overstating the economy. Plus, the problem is spreading hitting retail...

Can I download this Eurodollar University episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.