Showing posts with label Prediction dilemma. Show all posts
Showing posts with label Prediction dilemma. Show all posts
Wednesday, February 12, 2014

EM Guru Mark Mobius Flip Flops Anew: EM Sell Off Nears End

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One of the costs of wildly fluctuating markets has been to expose on the confusions of experts, who try to preserve their public image. ...
Monday, December 31, 2012

Quote of the Day: The Illusions of Pundits

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People who spend their time, earn their living, studying a particular topic produce poorer predictions than dart-throwing monkeys who woul...
Friday, May 11, 2012

Dr. Marc Faber Warns of 1987 Crash if No QE 3.0

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From Bloomberg , U.S. stocks may plunge in the second half of the year “like in 1987” if the Standard & Poor’s 500 Index (SPX) clim...
Monday, February 13, 2012

Why the Austrian Business Cycle is Not a Tarot Card

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Many, if not most people, tend to look for a one-size-fits-all solution or supposed elixirs to the world’s problem. That’s one of the key r...
2 comments:
Friday, December 16, 2011

Video: Predictive Value of Austrian Economics versus Keynesian Economics

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To kick off my vacation blogging, the following video shows of the predictive value of Austrian Economics versus mainstream mostly Keynesian...
Friday, November 11, 2011

Quote of the Day: Financial Markets will Never Be an Exact Science

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The factors that determine activity on the Exchange are innumerable, with events, current or expected, often bearing no apparent relation...
Tuesday, April 26, 2011

IMF Predicts The End of the “Age of America” in 2016

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From the Marketwatch , The International Monetary Fund has just dropped a bombshell, and nobody noticed. For the first time, the in...
Sunday, February 27, 2011

Always A Bull Market Somewhere

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Some of the nattering nabobs of doom have resurfaced. They argue that the present weakness in the markets signify as signs of the next mar...
Thursday, May 27, 2010

Beware Of Economists Bearing Predictions From Models

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Max Borders explains (emphasis added) "So what do all these macroeconomic models have in common? -They’re rendered either in impenetra...
Monday, January 25, 2010

Analyzing Predictions

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“I’ve been dealing with these big mathematical models of forecasting the economy…I’ve been in the forecasting business for 50 years…I’m no b...
2 comments:
Thursday, October 22, 2009

Wall St. Cheat Sheet: Nouriel Roubini Unmasked; Lessons

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The following article, from Wall St. Cheat Sheet, scoffs at the track record of high profile economist Nouriel Roubini in making predictions...