Looking at the CPI scatter plot, it looks to me that assuming Prometheus CPI 0.39%, actual CPI is skewed by dot density heavily to downside down to 0.1%
Does this mean Prometheus is likely to substantially overestimate CPI?
I think a Prometheus Macro Discord would be very interesting (if not overly distracting for you). There's next to nothing out there in Econ/Finance, but it's wildly successful in tech, music, and surely myriad other things.
Pretty big miss from Prometheus but actually in line with scatter plot spread -- shows 'actual' can go to 0.1% when estimate at 0.39%
Impressive.
Fantastic article, as usual. Thank you
Looking at the CPI scatter plot, it looks to me that assuming Prometheus CPI 0.39%, actual CPI is skewed by dot density heavily to downside down to 0.1%
Does this mean Prometheus is likely to substantially overestimate CPI?
I think a Prometheus Macro Discord would be very interesting (if not overly distracting for you). There's next to nothing out there in Econ/Finance, but it's wildly successful in tech, music, and surely myriad other things.
Thank you for sharing your work with the community. Totally impressed!