GHung wrote:marmico wrote:The Conference Board LEI did not turn down in December 2018. .......
From your link:
The Conference Board Leading Economic Index (LEI) for the U.S. DeclinedNEW YORK, January 24, 2019
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The Conference Board Leading Economic Index ® (LEI) for the U.S. declined 0.1 percent in December to 11.7 ........
Color me confused. You are either lying and think we wouldn't check, or you need new glasses. Or maybe it's my glasses........
Let's pretend that 0.1% is a gigantic number, and that in casual conversation, it's impossible for someone talking in round numbers, that 0.1% change means roughly flat, or unchanged.
If you want to pick at nits, fine. But if someone who disagreed with you called you a liar for picking at such nits on ANY chart, I'm 99% sure you wouldn't like it one bit. ***
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https://www.advisorperspectives.com/dsh ... be-peakingWhen I look at the LEI for 2018, I'd say that for Jan. to August, the trend was clearly up (by about 5 points), and from Sept. through Dec. the trend was basically flat (hovering near 112). Does that make me a liar too, or must everyone be as pedantic as say, Star Trek's "Data", when casually discussing figures?
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*** Not to mention that people make mistakes. Without calling someone a liar, you could just say, something like "Hey, it looks to me like it was slightly down, and that's not unchanged. Am I missing something?"
I think we can disagree about things around here without frequent name calling. At least for those of us who are mature enough to discuss real data with real citations, and aren't frequently or flagrantly distorting data (again, everyone including me makes mistakes through haste or distraction, etc), instead of just making things up.
Just one man's opinion.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.