
Rate Of Return
Traded ValueAfter the CPI growth rate was announced, almost all economists who made predictions were proven wrong...
Because the expected growth rate was 3.1%, but the actual announcement was 2.9%... the difference was too large, so many questioned the data's accuracy!
I remember a Harvard professor once shared the financial statements of a listed company and asked the class, 'Which data in these financial statements do you think is real?' Some answered cash flow, debt, net assets, etc. The professor replied that none were correct—the only accurate thing was the 'date' in the statements... The whole room was stunned... Think about it...
After the data was released, the probability of a January interest rate cut rose to around 31%, but it's still below 50%...
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