3 ms·
> real world data about the country's economy The data is backward looking, sometimes by as much as 3 months, rarely less than a month old. The only way the "d
by blitzar 1y ago
> real world data about the country's economy
The data is backward looking, sometimes by as much as 3 months, rarely less than a month old. The only way the "data" knows there is a reccession is if it stared 3/4 of a year ago.
If you are a CEO or running a business and you are blaming your business decisions on the stats from 3 months ago that came out today you should get out of the chair and let someone with a brain sit in it.