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Olduvai III: Catacylsm
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Our House of Cards

Our House of Cards As John Williams (shadowstats.com) has observed, the payroll jobs reports no longer make any logical or statistical sense. Ask yourself, do you believe that retailers responded to the very disappointing Christmas season by rushing out in January to hire 46,000 more retail clerks? Perhaps those 46,000 retail jobs is the BLS […]

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BEIJING WE’VE GOT A PROBLEM « The Burning Platform

BEIJING WE’VE GOT A PROBLEM « The Burning Platform. The Chinese stock market hit a four year high today at 3,020. This is up 53% since the middle of 2013 low and up 48% in the last six months. I guess this must mean the Chinese economy is operating on all cylinders. If you think […]

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John Williams’ Take On The October Unemployment Report: “The Economy Remains In Terrible Shape” | Zero Hedge

John Williams’ Take On The October Unemployment Report: “The Economy Remains In Terrible Shape” | Zero Hedge. When it comes to inflation data, there are two parallel sources: the BLS, and ShadowStats’ John Williams, who continues to plough through the underlying “data” using pre-pre-pre-revision protocols, and every month reveals a parallel universe in which something […]

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Manipulating the Consumer Price Index: Hedonic Quality Adjustments | The Consumer Price Illusion

Manipulating the Consumer Price Index: Hedonic Quality Adjustments | The Consumer Price Illusion. Have you heard the one about CPI? Suppose that a TV manufacturer retires a product and replaces it with a newer, better, and much more expensive one. If the new TV costs 5 times more than the old one, how can we manipulate the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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