Why you shouldn’t make decisions based on single data points

Chuck Zodda and Mike Armstrong discuss the weekly jobless claims that came in less than expected. Chuck explains why one data point is not nearly enough to make conclusions about the future of the economy. JPMorgan raises recession chances by 35%. Why does Jamie Dimon keep making public predictions? The summer has been tough on stocks and that is over-shadowing very good earnings results. Lyft is going to do what to surge pricing?