3 Charts US Economists Want to Keep Secret
After noticing the real GDP per person just dropped to its lowest level in more than 75 years, a major newspaper recently asked a slate of economists, "What's wrong with the economy?" Not one of them referenced the telling data in these charts. Now you can see what they don't want you to see.
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The Data Wall Street Economists Don't Want You to See
The steady dive in US economic performance recently became too pronounced for the financial news to ignore.
When a major New York daily newspaper finally took notice and asked a slate of economists, "What's wrong with the economy?", responses ranged from "a statistical mirage" to a "hangover" from the 2008-2009 recession. Yet the charts and figures we're looking at reveal something far more insidious.
Has the same exuberant mood that propelled stocks to new all-time highs also pulled the wool over economists' eyes, causing them to ignore critical early-warning signs? Inside this eye-opening 2-page report, a quick 5-minute read, our analysts answer these questions and show you three charts you will probably not see from any other source.
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Meet Your Authors
Steven Hochberg Chief Market Analyst
Steven Hochberg is the Chief Market Analyst for Elliott Wave International. He is the co-editor of The Elliott Wave Financial Forecast and editor of The Short Term Update. Hochberg began his career with Merrill Lynch & Co. and joined Elliott Wave International in 1994.
Peter Kendall Co-Editor, Elliott Wave Financial Forecast
Peter Kendall is co-editor of The Elliott Wave Financial Forecast. Pete authored The Mania Chronicles with Robert Prechter in 2009 and contributes to The Short Term Update. Pete began his career as a financial reporter and columnist and joined EWI in 1992.