* Hard data matters more as a guidepost for the economy, monetary policy, fiscal policy, and earnings prospects. Economic data gets released every week. Most of it is "high-frequency" data, which ...
GDP and other hard data are more comprehensive and focus on the past. While anecdotal evidence is more fickle, but can show early signs of an economic shift. Their recent analysis shows that since the ...
Is the U.S. economy at risk of a recession? According to UBS, “hard data” from May to July signals a 93% chance of a recession. UBS’ proprietary factor model utilizes the hard data it used to set the ...
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Business decision-making: Gut instinct or hard data?
Decisions play a massive role in the life cycle of every business, no matter the company’s size or the stakes involved. As Apple’s late CEO Steve Jobs once said, “You have to trust in something — your ...
I was listening to this NPR piece on the continuing rise in the stock market Sunday morning and was struck to hear this: “Despite the concerns about the impact of tariffs, the economy has held up much ...
The first bit of hard tariff data just arrived, but not in the way you may have expected. Retail sales rose 1.4% in March, according to new Census Bureau data out Wednesday, posting the best reading ...
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