Independent editorial contributor covering small business, digital publishing, automation and technology accountability for VUGA Network publications.
AI-driven trading and forecasting tools are often sold on the strength of impressive backtested results. Here is the mechanism by which those results can be…
The advance estimate prints 1.5 percent annualized growth after 1.6 percent in Q1 — and by design it is an estimate of an estimate.
The DXY is six currencies, euro-weighted and 1973-vintage — a specific basket, not the dollar against the world.
Between seasonal adjustment, sample completion and annual benchmarking, the first print is by design an estimate of an estimate.
The market's implied odds come from futures prices via an assumptions list — most prominently a fixed meeting-day risk-free rate — and the assumptions move the…