Drunken Dart Games (Don’t Get Excited: This Is About Personal Income And Outlays)

Drunken Dart Games (Don’t Get Excited: This Is About Personal Income And Outlays)

The last of this week's data deluge washed over markets that didn't generally care on Friday. While it's incumbent upon everyone to parse the numbers, the truth is, there's always something absurd about debating "beats" and "misses" on poorly-measured, backward-looking data series. The word "consensus" is just a euphemism for "mean or median guess" and let's be honest: What's being guessed at is really just itself a guess, unless you believe any of the economic data we spend our days poring ov
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