Hitting economists with the measuring stick...
According to Adam, he's got a handle on economic activity, and he's got a handle on prices... thanks to Thomas' nifty dashboard concept. But now he's starting to pay attention to the 7 o'clock news, he's noticing all this other data coming down the pipeline... What's this thing called consumer confidence? Wine sales are down? Adam is overwhelmed with information. How is one man supposed to make sense of all of this? Luckily, Thomas has the answer. (Very lucky, otherwise it'd be a really short podcast). He explains why everything is expressed in annual growth rates, what seasonally adjusted means, why that's relevant to apples and oranges, and why it has nothing to do with the weather. *****If you've got a question for Thomas... or Adam... then go ahead and send them to [email protected]*****Any views expressed by the podcast host or any guest are their own and do not represent the views of Equity Mates Media or any other employer or associated organisation.Always remember, all information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. The hosts of Equity Mates are not financial professionals and are not aware of your personal financial circumstances. Before making any financial decisions you should read the Produce Disclosure Statement (PDS) and, if necessary, consult a licensed financial professional.For more information head to our Disclaimer Page, where you can find resources to search for a registered financial professional near you.*****Have you just started your investing journey? Head over to Get Started Investing – Equity Mates 12-part series with all the fundamentals you need to feel confident to start your investing journey.Want more Equity Mates? Subscribe to Equity Mates Investing Podcast, social media channels, Thought Starters mailing list and more here. Hosted on Acast. See acast.com/privacy for more information.