Disliked{quote} you certainly seem to know your stuff and you are right in absolute terms but the report says that by considering seasonal adjustments data shows improvement so my simple conclusion is that data is not that bad. I see it could have been better though. A downside correction following yesterday gains was on the cards but this will be limited in my view.Ignored
im more of a guy who looks at what the data is going to do to the Year on year result and if Current Year on Year is worse off than previous Year then thats already showing bad for me....
Seasonal adjusted doesnt factor in the fact the economy may have already shrunk from previous years.... and i mean Previous year(S)! not the S... im not talking about just 1 year back... im talking bout few years back....
We live in a finite world with infinite possibilities.
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