Out of consensus view: The purpose of economic data is to inform us about the actual world Gerard MacDonell February 11, 2023 2:25 PM
It is not the only factor driving the macro outlook, but a lot of goods and services price disinflation has already been achieved Gerard MacDonell February 10, 2023 3:28 PM
Stronger employment probably means weaker productivity, not that we should be entirely rote about it Gerard MacDonell February 9, 2023 12:12 PM
If you want to worry about the employment data, worry that they lag, not that they are wrong Gerard MacDonell February 7, 2023 4:32 PM
