tag:blogger.com,1999:blog-1529519433734975958.post3328831941124295670..comments2023-11-05T01:32:12.181-08:00Comments on Mock The Market: Some Thoughts on the Latest Economic DataK10http://www.blogger.com/profile/00635420185722095187noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1529519433734975958.post-32393732529778580512009-06-04T05:43:03.609-07:002009-06-04T05:43:03.609-07:00The ADP actually changed their methodology at the ...The ADP actually changed their methodology at the beginning of the year and have been more accurate so far in 2009 after embarrassing themselves in years past with overly positive data (admittedly in a smaller data size in 2009, they'll probably find a way to screw it up). It continues to amaze me that people put so much stock in these lagging, monthly, always revised jobs reports when there are weekly claims available every Thursday morning. This morning's claims data showed a slight improvement but jeez, don't expect a good payroll Friday for a long, long time.Joshuahttps://www.blogger.com/profile/08510432211080358730noreply@blogger.comtag:blogger.com,1999:blog-1529519433734975958.post-48933633309429735942009-06-03T09:26:06.034-07:002009-06-03T09:26:06.034-07:00You gotta love the market's reactions to these...You gotta love the market's reactions to these numbers! Thanks for sharing this post.Lhttps://www.blogger.com/profile/03876595209601514024noreply@blogger.com