Garbage In, Garbage Out

SchiffGold
By Michael Maharrey of SchiffGold
Precious Metals Commentary •

The phrase is usually associated with computers, but it also applies to the formulas used to generate government economic data. A look at the January CPI and retail sales data with that phrase in mind.

Person Holding Blue and Clear Ballpoint Pen

Image Source: Pexels
 

Garbage in, garbage out. The phrase is usually associated with computers, but it also applies to the formulas used to generate government economic data. In this episode of the Friday Gold Wrap podcast, I go over the January CPI and retail sales data with that phrase in mind.

Video Length: 00:30:15

More By This Author:

The Dark Side of January’s Big Retail Sales Print
Disinflation Is Transitory
CPI: Relief From The SPR Drain Has Ended
Disclosure:

The posts on this blog are opinions, not advice. Please read our Disclaimers.

More from this Author

Consumer Sentiment Just Hit An All-Time Low. Trump Calls It Best Economy Ever

Consumer Sentiment Just Hit An All-Time Low. Trump Calls It Best Economy Ever

SchiffGold •
Real Rates Are Collapsing And Nobody Sees It — Gold's Biggest Setup Ever

Real Rates Are Collapsing And Nobody Sees It — Gold's Biggest Setup Ever

SchiffGold •
Gold Tops $4k As World Prepares To Go Off Dollar Standard

Gold Tops $4k As World Prepares To Go Off Dollar Standard

SchiffGold •

Comments

Back to all articles