X @Ivan on Tech 🍳📈💰

RT Ray Dalio (@RayDalio)I probably would have fired the head of the Bureau of Labor Statistics too.That's because its process for making estimates is obviously obsolete and error-prone, and there is no good plan in the works for fixing it. The huge revisions in Friday’s employment numbers are symptomatic of this, especially because the revisions brought the numbers toward private estimates that were in fact much better. I assure you that this is something that I know a lot about because of how I use data to ...