Why You Can't Fully Trust Recent U.S. Data

Real Vision: Finance & Investing

Real Vision

Investing, Business News, News, Business

4.1 • 1.1K Ratings

🗓️ 11 March 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

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Summary

Recent data has shown the consumer made a comeback in the first month of the year, but as Andreas Steno Larsen reveals, that may be only half true. Watch this edition of Steno’s Signals to find out why seasonal adjustments may be sending misleading signs about how the economy is actually faring. Recorded on February 21, 2023. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:17.9	and the value of cryptocurrencies can go down or up.
0:20.7	Hey everyone, if you like this podcast, go behind the pay wall to get privilege access
0:27.8	to the smartest minds and finance.
0:30.0	Join the Real Vision community and learn how to become a better investor.
0:33.7	Visit realvision.com slash RVPod and use the promo code podcast 10 to get 10% off our
0:40.0	central membership for the first year.
0:42.4	And now to today's episode.
0:45.5	The signals are telling me to doubt the current rebound in economic data.
0:50.6	The reason is that seasonality is once again breaking havoc with calculations in the
0:57.3	Bureau of Labor Statistics.
0:59.2	Stainless signals starts right now.
1:07.3	Hi guys, welcome back to Stainless signals.
1:09.9	For the first time we've recalled out of the studio in Copenhagen, Denmark.
1:14.1	I hope you like it.
1:15.1	At least I do.
1:17.1	Today we're going to spend some time on elaborating on the most recent very strong data that we've
1:23.2	seen out of the US.
	...

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