Why do people believe one of the dumbest, most flawed and deceptive measures of economic conditions in making their investment decisions?
September 16, 2006 -
People continually employ flawed and deceptive statistics when making their investment decisions. In the short term, the performance of the U.S. stock market has enormous influence on all other major stock markets. One of the most closely watched indexes to gauge U.S. economic conditions is the Consumer Price Index (CPI), which is vi…
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