TSX:AX.PR.E - Post by User
Post by
Northforce13on Aug 15, 2024 3:48pm
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Post# 36181266
Strong data...
Strong data..."Strong economic data out again today in the U.S. I had mentioned the U.S. economy and labor are doing ok, hanging in, not too bad etc etc. Today's data for retail sales and jobless claims again support this narrative"
https://www.zerohedge.com/personal-finance/us-retail-sales-beat-thanks-yet-another-massive-downward-revision
The "strong data", when compared to logic and continual subsequent lower revisions, "support this narrative" many government agencies are playing with the numbers for political purposes, producing good looking headline numbers (later revised downwards) to brainwash people into thinking everything is going better than it actually is and the current administration is doing a good job.