844 Quotes About Data

Someone once said that recovering data without the application is like reading without glasses -- you've got the book, you've got the words, but you don't know what it means.

A scientist naturally and inevitably ... mulls over the data and guesses at a solution. He proceeds to testing of the guess by new data-predicting the consequences of the guess and then dispassionately inquiring whether or not the predictions are verified.

Patients are empowered by having better access to their own health information, and then by owning their own data.

It is gradual step towards a little more flexibility. Inflation, the economy and the markets will dictate how much further they go. They say the economy is strong and that inflation risks are tilted a little to the upside. There is nothing yet in the data that will stop the Fed.

We think the ISM services number is one of the worst monthly pieces of data there are. On a month-to-month basis, it has no correlation with service sector employment, and on a quarter to quarter basis, it has no correlation with service sector gross domestic product.

Some economists give a lot of weight to these surveys, but my feeling is that a survey's only good until the real data come out. The surveys are exaggerating the strength of the manufacturing sector.

Even with a positive outcome in the war, the economy is going to have lost a lot of momentum by the time it's over. We're not going to see a few weeks of weak data -- we'll see a few months of weak data.

Unlike the position that exists in the physical sciences , in economics and other disciplines that deal with essentially complex phenomena, the aspects of the events to be accounted for about which we can get quantitative data are necessarily limited and may not include the important ones.

I would sign up for the view that industrial, 'old economy' stocks could well be the next to move higher. But I don't see a definitive move until we see some of the economic data in July.