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US Jobs Report Comes Up Favorable For Fed
The US economy added a consensus-topping 311,000 jobs in February, the government said Friday.
Econ
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“Good” and “bad” have become so confusing, with directionality of data disconnected from directionality of reaction, I propose four new terms for Websters: goodlybad, goodlygood, badlygood, and badlybad.
i have even stopped paying close attention to trends and levels … for me, until reality and models sync somewhat, economic predictions are pissing in the wind – maybe single data points too. With H’s humor on the economists’ job, I try to not pile on (it’s all deserved tho imho) … as long as models and reality continue to diverge, we’re all flying blind (at least partially).
Algo coders are going nuts too, right? Inconsistent & changing data models, low reliable data feeds, etc make machine learning just what you’d expect – garbage in, garbage out. – coders running around like little dutch children fingers extended to plug …