OMG, Karl just embarrassed the crap out of the Richmond FED.
It's that damned "No Child left behind" rule, I tell you.
Can you see how far up the ladder how that rule is going to affect us?
It quite obvious now, that the Richmond FED should have been left behind.
But no, we had to allow them to be socially promoted
They don't even understand the basics of addition and subtraction.
And now they're running our government.
When they can't even comprehend the math.
We're doomed, to say the least.
I'm pretty sure they were holding the chart upside down when they read it.
It's the only plausible explanation I can think of for the inconsistencies Karl found.
Gee, this is good?
Service sector activity declined in October, according to the latest survey by the Federal Reserve Bank of Richmond, although the weakness in several indicators was less severe than a month earlier. Retail sales contraction continued, nearly matching September's drop
Wait.... the index was +5 .vs. +1 Estimated?
This says declines.
