A rare condition, as described by Bloomberg: “One of the safest assumptions on Wall Street is that however high stocks have...
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Really interesting stuff (“This is the video economists don’t want you to see!”): ‘Economics is for everyone’, argues...
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I am heading out for the long weekend, and then off to speak at a CFA conference, so expect light postings the next week (Reads continue...
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Fascinating look at the tendency for analysts to overestimate earnings, except at market lows, when they under-estimate them: ...
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“Salil Mehta is a two-time Administration executive, leading Treasury/TARP’s analytics team, as well as PBGC’s policy, research,...
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Trump’s Bubble Predictions Are for Losers The Donald’s economic forecasts are no better than guesswork. Bloomberg December...
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Christmas came early this year, and my present is: Donald J. Trump, who has given us all a delightful graduate level course in...
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Would you let a mystic manage your investment portfolio? Washington Post, November 28, 2015 “Forecasting...
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@TBPInvictus here The AEI’s Mark Perry has taken his nonsense – his Lies About Geography and Minimum Wage Tour – on...
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My Sunday Washington Post Business Section column is out. This morning, we look at the annual forecasting foolishness so...
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