Entries from Chemicals & The Economy tagged with 'US GDP'

Buy on the rumour, sell on the news

"Buy on the rumour, sell on the news" is the classic indication of a weak market. A lack of follow-through buying reveals that market action is not supported by fundamentals, but only by sentiment and momentum. Friday's 2.8% fall on...

Statistics, statistics

The blog has worried in the past about the way that official statistics seem to be increasingly manipulated to provide a rosy view of the economy. Barrons, the leading US investment magazine, provides another example this week, in connection with...