Director / Editor: Victor Teboul, Ph.D.
Looking inside ourselves and out at the world
Independent and neutral with regard to all political and religious orientations,® aims to promote awareness of the major democratic principles on which tolerance is based.

Job figures are coming out, and here’s my prediction: The markets will overreact to the headlines

By Jeffrey Hart, Senior Lecturer of Finance, Auburn University
As the saying goes, “There are lies, damn lies and statistics.”

And on the first Friday of every month, the American public gets a ton of new statistics to peruse. That’s when the U.S. Bureau of Labor Statistics releases its latest jobs figures. Within minutes of the data drop, news organizations send out push alerts, pundits start opining, and the headlines — and headline numbers — coagulate into a simple narrative, often along the lines of “Jobs are up; the economy is saved” or “Jobs are down; we’re all doomed.”

These narratives…The Conversation

Read complete article

© The Conversation -
Subscribe to

Follow us on ...
Facebook Twitter