“FRED” is the St.Louis Federal Reserve Economic Database. It is an excellent repository of economic data, currently boasting 45,000 time-series from 42 data sources. The web-site offers a powerful interface for creating charts of FRED data. Unfortunately, it is a little too powerful, offering a rather dangerous feature: the secondary axis.
I have railed against secondary axes before. They tend to lure the viewer into seeing spurious correlations....Read it at Stubborn Mule
The power and peril of FRED
by Stubborn Mule
1 comment:
right correlation does not mean causation ,rsp
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