Markets, Meditations, and Mental Models

The Weekly: The Instruments Came Loose


Listen Later

This was the week the instruments came loose from the things they measure. On Friday the unemployment rate fell to 4.2 percent, and it fell because 720,000 people stopped looking for work, not because anyone found it: the gauge improved by shrinking the population it counts. Days earlier a new Fed c
...more
View all episodesView all episodes
Download on the App Store

Markets, Meditations, and Mental ModelsBy Cosmic Trex