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Dec 05 2014

Margins: Two Interpretations

  • Dec 5, 2014

Government accounting on everything ranging from the CPI, to the budget deficit, to even the unemployment rate is constantly assailed as being too rosy. So when a government report occasionally paints a less optimistic picture than the consensus one, we’re inclined to sit up and take notice (especially when we agree with it).

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager