Ad tag:

Mover Mike

Mike is a retired stock broker, and now supports his wife's furniture business. He is her warehouseman, deluxer, and marketing guru. In addition, he writes poetry and finds abundance, health and joy in the world around him while pondering life's little mysteries

Rob Kirby, Pirates Reprise
I wrote about the TIC report on 5/16 and Rob Kirby in an article titled PIRATES REPRISE at Financial Sense Online says there have been major changes in the numbers from one month to the next with no footnote to explain the changes.

I noticed the oddity when I posted the new numbers for the first three months. I wanted the same format from the month prior. I noticed the numbers didn't match up. I didn't say anything, because I was unfamiliar with changes that take place there.

Here are the original numbers I posted:

Month--------------------------Feb-------------Jan
Japan--------------------------702.0-----------701.0
Mainland China----------------196.5-----------195.2
United Kingdom---------------171.0-----------160.7
Caribbean Banking Centers----103.6------------92.6
France-------------------------15.2-------------9.2
Grand Totals------------------1995.8----------1957.8

Here are the numbers I posted on 5/16 that just adds March:

Month----------------------Mar-----Feb-----Jan
Japan------------------------679.5---680.3---679.3
Mainland China--------------223.5---224.9---223.5
United Kingdom-------------122.9---110.7---100.3
Caribbean Banking Centers--137.2---104.7----94.2
France-----------------------25.1----27.2----21.2
Grand Totals--------------1977.1--1945.7--1908.1

If you compare Feb with Feb, Japan is down almost $22 Billion, Mainland China up almost $28 Billion, The UK down almost $60 Billion, Caribbean almost the same, and France up $12 Billion. That is a total "slop" of $122 billion in one month's time. Kirby is appalled and doesn't see how we can base investment decisions on this kind of information. I don't either.

Ad tag:
Posted by movermike on Wednesday May 18, 2005 at 7:50pm
Jack:
Glad someone else noticed this,wonder what they will come out with on June 15th.
5.19.2005 9:25pm
Toni (www):
had a story on this as well as this is just another surprise regarding official economic indicators like the latest employment report
5.23.2005 3:56pm