How economic data works

Sometimes economic data trends, and trends in the same direction for a long time. And sometimes it peaks (or bottoms) and begins trending in a new direction – up or down.
But turning points in long-term trends are rare, and there are still other times during which there is no trend at all.
And it is during these long-term trends or trendless trends that people mistake ebbs and flows for being meaningful. And, worse …

The post How economic data works appeared first on The Reformed Broker.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s