Bad News from Worse Models
Bad Market News From Junk Forecasting Models The mistake is comparing a recovery from a financial crisis with the rebound from a normal...
Run for the hills! Its Record High Household Borrowing (again)
The Imaginary Debt Crisis Is Here to Stay Household borrowing has reached new records. Big deal. Personal income has grown much more....
More Minimum Wage Misdirection, Stuart Varney Edition
@TBPInvictus here: Zane Tankel, franchisee of some 38 Applebee’s casual dining restaurants in NYC, Westchester, and Rockland,...
What Ten Million Simulations Tell Us about President...
What Ten Million Simulations Tell Us about President Trump’s Chances of Achieving 3-Percent Economic Growth Jason Furman PIIE, May...
Why Did the DJIA Rise 13 Consecutive Days in 1987?
If the Dow Jones Industrials finish higher today, it will be the 13 consecutive daily rise.. This will be the first time that has...
Dow 20,000? It’s 30,000, Actually!
Its old news that the price based Dow is a silly index representative of nothing other than tradition. But did you know it was wrong, off...
The Seven Year Glitch
@TBPInvictus here Though my political leanings should be apparent to anyone who’s read some of the pieces I’ve written...
Zombie Reagan Jobs Lie Eats Moore’s Brain
@TBPInvictus here: I thought I’d put the “Reagan-created-one-million-jobs-in-one-month” lie to bed a long time ago....
Tales of Black Friday’s Demise Have Been Greatly...
Nov. 25 marked Black Friday, which once was considered the beginning of the holiday shopping season, though the start these days is even...
Bad Data Mining
I keep promising to stop writing about lessons from the election that are applicable to markets, and then I keep finding more examples....