OECD's Mann Says 'Don’t See Data' on Global Growth

The transcript discusses the difference in optimism about global growth between the speaker and the IMF. It highlights the reliance on survey indicators and the lack of hard data to support positive sentiment. The conversation delves into the debate between hard and soft data, emphasizing that consumer sentiment does not always translate into spending. The discussion also covers how businesses assess demand and profitability, focusing on the importance of actual financial data over sentiment.

What two issues are highlighted as concerns going into 2019?

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In what ways can consumer sentiment indicators misrepresent actual spending behavior?

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