Week in Review
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Started by TimNew - April 25, 2020, 2:18 p.m.

Not much resembling good news this week...

Retail Sales took it on the chin with the lowest Redbook reading I've seen at -6.9%

The assorted Fed reports are bad to dismal. Empire State Mfg, from the arguable epicenter of US Covid at -78.2.

Durable goods at -14.4. 

Hard to call Jobless Claims of 4.4+ million good news,  but it certainly is an improvement.

Consumer Sentiment seems to have leveled at a low point.

Home Prices actually showed some strength, but that was in Feb.  Existing home sales showed a minor drop.

With some states beginning opening up for business,  we may start seeing some improvement in the near term,   but can't go better than an overall D for the current numbers.

By metmike - April 25, 2020, 3:05 p.m.
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Thanks very much Tim for all the work that you put into this.  I had to smile at the F+ And think of how, in a different realm it would be very revealing.

With a grading scale, let’s say that F was the lowest grade and anything under 60% was an F.

That’s a wide range of values from 0 to 59 and a huge difference in performance. A student that flunked a test with an F who got 10% was completely clueless compared  to one that got 59% and got over half the questions/problems right......but they both had the same grade and just looking at it and knowing nothing else would not tell us if they were clueless.

A student with an F+, however, was at least at 60% and not clueless and within striking distance of higher grades just above.

A 10%, could increase their score by 40% and its still an F.

A 60% that increases their score by 40% has  a perfect score!