Home price inflation data purposely misleading?
6/22/24
Turns out that if you don’t count prices that are inflating, then there’s no inflation… https://t.co/y5wTbTJyj7
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 22, 2024
Turns out that if you don’t count prices that are inflating, then there’s no inflation… https://t.co/y5wTbTJyj7
— E.J. Antoni, Ph.D. (@RealEJAntoni) June 22, 2024
It's amazing what removing 5 million people from the unemployment rate calculation can do - you're not unemployed, you're uncounted... pic.twitter.com/zQGtLPJRPa
— E.J. Antoni, Ph.D. (@RealEJAntoni) April 5, 2024
US nonfarm employment rose 303,000 in March, blowing past expectations and maybe throwing some cold water on rate cut expectations. According to Peter Boockvar, Maudlin Economics, there is a lot of confusing data, though. Key Points: