Thread: Can you believe anything the GOV prints?

That seasonality wording is the key. They apparently do it all the time but we never notice. They expected energy prices to go up .7% in April, but it "only" went up .5%, hence the .2% "drop".

Anything seasonally smoothed makes me break out in hives. If they wanted to get rid of problems due to weather and other factors, they should forget the monthly reports and go to quarterly, without any "smoothing". Because once you start trying to factor for seasonality, you're making assumptions.

Originally Posted by Gumby

WASHINGTON (MarketWatch) - Wholesale prices rose a smaller-than-expected 0.2% in April after seasonal adjustments, with food prices flat and energy prices falling, the Labor Department reported Tuesday.



Energy prices Falling???? On what planet?
Talk about cookin' the books.

DC is it's own planet.

Originally Posted by luv2read

DC is it's own planet.

How true! Is there any intelligent life on that planet?!

Lady

Originally Posted by XL-entLady

How true! Is there any intelligent life on that planet?!

Lady

Only when we aren't asked to produce certain results even though reality doesn't lead to said result.

Originally Posted by tsptalk

That seasonality wording is the key. They apparently do it all the time but we never notice. They expected energy prices to go up .7% in April, but it "only" went up .5%, hence the .2% "drop".

Nail meet hammer. That's exactly how all politicians talk and justify programs or spending. We always called it sandbagging. If a program doesn't get all the money they want the say the program is getting a reduction in funding, when in actuality, it just not as much money as they wanted to give away.

I'm for the ROTH in case we're being watched.

CB

Me TOO!