Monday, February 02, 2015

“Hottest Year On Record?” Think Again! Meet ‘Seasonally-Adjusted’ Seasons


Day after day in modern macro-economics, investors are bombarded with ‘odd’ seasonal adjustments that spuriously lift (in the case of growth-related variables) or reduce (in the case of inflation-related variables) data to ensure a constant flow of “we must keep offering free/cheap money” narrative-confirming news.

However, as The Telegraph reports, it appears this “seasonal adjustment” smoke-screen has reached the just as bifurcated opinioned world of global warming trends and Climate-Gate .... http://www.theburningplatform.com