ROTH’s chief economist and macrostrategist, Michael Darda, joined Stocks in Translation to explore the reliability of data sets and the importance of exercising caution with initial estimates. He pointed out, “I think, unfortunately, the government agencies do the best job that they can do, but they’re not working with complete data sets. You know, everyone wants the information quickly, but when initial estimates come out, they don’t even have complete data for something like GDP.”
Listen to the full episode here, or wherever you get your podcasts.
For expert insight and the latest market action, click here to watch more Stocks in Translation.
This post was written by Neil Mulcahy.
Source link
