Global trade remains a key economic indicator, but don’t believe everything you read. The economy is recovering, Right? Look at the latest government data, and it’s not entirely clear. The Labor Department in September reported disappointing growth in employment, but other surveys for the same period said the labor market was strong.
Similarly, GDP declined an alarming 2% in the first quarter, but the report was so full of statistical noise that the market mostly ignored it. In the following quarter it beat estimates, but no one’s exactly sure whether that’s because of genuine economic gains or something else—for example, the weather improved............................................Full Article: Source
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