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UBS On-Air: Paul Donovan Daily Audio 'Confirming expectations'
Published 1 year, 3 months ago
Description
The economic calendar is strewn with irrelevancies in the form of business sentiment opinion polls. For-profit polls crave the oxygen of publicity, but neither their profit motives nor the attendant media attention are guarantees that they reflect economic reality. Partisan bias, inaccurate answers to questions, and falling response rates are all challenges to the usefulness of surveys (of any kind).