Lies, Lies and US Statistics

If you were to believe what the US government and the BLS are saying about the economic recovery, everything appears to be rosy and on the up. You maybe tempted to spend your hard earned dollars instead of saving them for a rainy day…but what if the government is lying? What if they manipulated the statistics, not only to save face but to keep the economy on life support? It would be shameful and malevolent but remember, there are lies, lies and then there are statistics. Charts are courtesy of The Hedge.

In all of the charts below, the green line represents the S&P500

Crude Oil is diverging.

image

Continue reading