Stephanie Roth

speaker

365 appearances 1 recordings 1 series first heard Jul 2026 last heard 15 Jul

Stephanie Roth’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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The Pomp Podcast · Chief Economist: Inflation Has Peaked — Here's What Happens To Bitcoin Next | Stephanie Roth · 15 Jul 2026 podcast

And a lot of the data relies on seasonal adjustment.

So they look at patterns over the past, depending on the measure, five to eight years.

And if patterns change, it's harder to adjust for the data.

So you tend to get these swings month to month.

And that leads people to misbelieve the data just because it's been a lot more volatile than it historically has been.

But if you look on a smooth basis, if you look at year-over-year data, if you look over sort of longer periods of time, I think it's telling you the accurate story.

It's just...

we're left with some bigger revisions than normal and some additional volatility.

But I don't think it's fair to necessarily totally discount it because it is among the best data that's out there.

Yeah.

So going back to the like, is there politicization of the data like that?

I often hear from people, is the administration having some impact on the data?

I really don't think so.

There was some shuffling in terms of the head of BLS.

They ended up putting the sort of second person in line, has been a longtime economist at BLS.

And it's not something that's concerning.

It's someone who's been very much in the weeds in the data.

So there doesn't appear to be any major changes from that perspective.

When you think about some of the data sources, specifically Umich, it's a relatively small sample size.

And as you mentioned, it's certainly not a perfect sample.

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