The Soapbox

Blah

Joined: 08/31/2001 Posts: 31759
Likes: 49037


Anyone can manipulate the macro data to fit their narrative …


I don’t have a problem with that. Unfortunately, when LAHoo’s spin is filled conspiracy theories and questionable data analysis, it’s hard to take him seriously.

People can legitimately take a position that last week’s data was mixed when taken context in the big picture with other macro numbers. However, to say it was bad and then pointing to yesterday’s market performance is a bit too much. The market held up last week even in the face of great uncertainty. IMO, that’s a win when I thought we’d see a bit of a pull back.

I’m long term bearish on the markets, but we have to acknowledge the resiliency of Biden’s economy in the face of a tough global environment. And yes, it is an election year which the markets are well aware. That has also helped.

[Post edited by Blah at 03/09/2024 10:00PM]

(In response to this post by CMUHoo)

Posted: 03/09/2024 at 9:55PM



+1

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Current Thread:
 
  
Just thought I’d spend a moment circling back to the… -- Los Angeles Hoo 03/09/2024 3:06PM
  Revised downward 501,000 -- 81_Hokie 03/10/2024 1:40PM
  They are lying scum. ** -- ryno hoo 03/10/2024 08:46AM
  The year before it went the other way. -- Shenhoo 03/10/2024 08:39AM
  Clearly, jobs numbers rigging ** -- WaxHoo 03/09/2024 5:06PM
  Seriously? A conspiracy with this? Wow. 🤩 ** -- HoodatB 03/09/2024 4:53PM
  Yes. The Biden admin economy, whether we are referring to… -- Los Angeles Hoo 03/09/2024 6:08PM
  Nonsense ** -- 111Balz 03/09/2024 10:26PM
  I’m using BLS numbers for jobs. ** -- Los Angeles Hoo 03/10/2024 11:12AM
  Link inside… -- Los Angeles Hoo 03/10/2024 11:53AM
  I am pretty sure you do NOT want to see the place -- Shenhoo 03/09/2024 10:55PM
  LOL. Yeah, same place as per usual. ** -- Chuck Taylor 03/10/2024 10:28AM
  Bam!!💥 ** -- HoodatB 03/09/2024 5:40PM
  That’s different ** -- WaxHoo 03/09/2024 4:36PM
  Probably should have spent a few more moments looking back at -- hoolstoptheheels 03/09/2024 3:30PM
  That’s different ** -- WaxHoo 03/09/2024 3:36PM
  Buh Dark Brandon ** -- ResistHoo 03/09/2024 3:20PM

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