{"id":2420,"date":"2010-12-03T07:10:32","date_gmt":"2010-12-03T14:10:32","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=2420"},"modified":"2018-08-17T08:51:04","modified_gmt":"2018-08-17T12:51:04","slug":"update-on-anecdotal-evidence","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/12\/03\/update-on-anecdotal-evidence\/","title":{"rendered":"Update on anecdotal evidence"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Well the hazards of being a financial news blog writer have been highlighted for me once again.\u00a0 Earlier this week I had written that the big improvement in the employment situation as reported by ADP had garnered very little attention from that general source for information, but especially celebrity information, CNN.\u00a0 I said that was likely a sign that folks might finally be <em>expecting<\/em> an improving unemployment situation to such a degree that it didn&#8217;t merit the\u00a0emphasisof CNN&#8217;s editors.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">But lo, and behold (!), today&#8217;s new jobs number miss and the commensurate increase in the unemployment rate certainly got CNN&#8217;s attention.\u00a0 Interesting.\u00a0 I say that because the very good news of ADP&#8217;s report didn&#8217;t get much attention, but the negative news did.\u00a0 That tells me that the actual news bias is still on the negative side of things.\u00a0 That means that the general cast of news running through CNN must still be negative.\u00a0 That means that I spoke too soon.\u00a0 My apologies.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">As investors to get 6 of 10 calls right makes you good, 7 out of 10 makes you a genius.\u00a0 In other words, 30-40% of the time you are just out and out wrong.\u00a0 I expect to continue to make mistakes.\u00a0 However, unlike many financial news pundits, I willingly admit them.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">I hope that you have an excellent weekend!<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well the hazards of being a financial news blog writer have been highlighted for me once again.\u00a0 Earlier this week I had written that the big improvement in the employment situation as reported by ADP had garnered very little attention from that general source for information, but especially celebrity information, CNN.\u00a0 I said that was [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-2420","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=2420"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2420\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=2420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=2420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=2420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}