The Potential for Cuts, ADP vs. BLS, Health of Housing 8/7/23
The Exchange
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The Importance of Seasonal Adjustment in the Economy
Steven Larry: There is a revolution that is going on in our ability to understand the economy through high frequency data if we let it. He says ADP has problems and it's going to take time to I think tweak it. But what they're doing now is what they should have been doing all along, he adds. Kelly Wallace: The market never trades actually on the truth of jobs. When does the market put back the trade that it had? Totally.
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