Destroying The Data-Dependent Dot-Plots, Here's Janet Yellen's Real "Surprises" In 2 Simple Charts

But don't worry Steve Liesman is certain it's all good in the 'dots'...

Surprise!!! (Soft data - surveys and business cycle indicators have collapsed)

 

Surprise-erer!!! (Hard data - all economic data has plunged with a very modest bounce from depression lows)

 

So exactly which data is the Fed dependent on?

Charts: Bloomberg

Source: Thad Beversdorf via FirstRebuttal.com