Unhedged DIY data
68 snips
Nov 6, 2025 Amid a government shutdown, the need for alternative economic data takes center stage. The hosts explore DIY datasets and how they can fill gaps left by missing reports. They dissect consumer behavior shifts, like trading down to discount brands, illustrated by anecdotes like homemade dishwasher tablets. There's skepticism about flying taxis becoming a reality anytime soon, along with a rebuttal against fears of a UK default. The conversation highlights the complexities of interpreting economic signals in uncertain times.
AI Snips
Chapters
Transcript
Episode notes
Official Data Vacuum Creates 'Anecdote Land'
- The government shutdown removes routine, reliable economic background data, leaving markets stuck in anecdote land.
- Rob Armstrong warns that missing official context makes interpreting headlines much harder.
Inflation Data Gaps May Be Permanent
- Some official statistics will be permanently missing or unreliable, like October price-collection for inflation.
- Chris Giles flags that September data already may be patchy and future months could be lost.
Layoff Announcements Can Mislead Net Job Trends
- Company layoff announcements surged in October but may overstate net job losses.
- Rob highlights Challenger's spike while noting announced cuts differ from net employment changes.