Barrons on monthly effect

[James Devine <jdevine@xxxxxxxxxxxxxxx>]

I don't get this stuff about the number of week-days affecting the econ.
stats. After all, the gov't uses seasonal adjustment to correct for such
effects. Maybe the seasonal adjustment needs to be improved. Until then,
I'll stick to my practice of looking only at annual changes. Of course,
those fools in the bond and stock markets think that looking at more than
one day or so is looking at too long a term.

in pen-l solidarity,

Jim Devine