Aug. 11 at 2:52 PM
$SLV $GLD $JNUG $B $GDX
This here has been significant :
The figures are seasonally adjusted, carry a two-week lag and remain subject to revision.
the average revision in last 4 months have been ~4,400 meaning that the revision are in the range of 15 to 18% less then what is initially released
Again this is a sign that GDP is likely to decline unless a new methodology is introduced. As for inflation the new methodology is coming @ the end of September so in December expect inflation headlines to decline significantly but reality will be different. This opens the gates for significant rates cuts & come just in time for the
$1.5 trillion gap/shortfall. When the new CPI methodology comes into play at the end of September & reduces inflation expectations even a little this then gives the fed room for enacting rate cuts could help elevate the
$1.45 trillion shortfall & ease crunch there in now.
