Showing posts with label mainstream analysis. Show all posts
Showing posts with label mainstream analysis. Show all posts
Saturday, June 07, 2014

Quote of the Day: The predictive record of economists was terrible

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In the 2001 issue of the International Journal of Forecasting, an economist from the International Monetary Fund, Prakash Loungani, publis...
Wednesday, December 11, 2013

Why Nassim Taleb Disdains the Economic Profession

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My favorite Iconoclast author and philosopher Nassim Nicolas Taleb disdains the economic profession The Businessinsider compiled 12 vit...
Tuesday, June 04, 2013

How Financial Experts Bamboozle the Public

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Money pros had been taken to the woodshed according to the Global Association of Risk Professionals . (hat tip EPJ) [bold mine] American...
Wednesday, August 03, 2011

Mainstream Economists Lack Ethics

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Speaking of occupational hazards, lawyers are known as liars while economists are known for their lack of ethics. Al Lewis at the marketw...
Thursday, April 21, 2011

Gold at $1,500 Settles the Jim Rogers-Nouriel Roubini Debate

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Celebrity guru Nouriel Roubini has been dead wrong. Prolific investor Jim Rogers has been spot on. They had an impassioned debate in Novembe...
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Saturday, February 12, 2011

Inflation Expectations: The Widening Chasm Between Households And Experts

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Despite mainstream experts blabbering about deflation, we’ve been defiantly predicting for a long long long long time that inflation would b...
Friday, August 06, 2010

Why Mainstream Economists Are Mostly Wrong

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How could economists/experts get it (forecasting, policy prescriptions) so wrong? This from Janus Lim of the World Bank (hat tip: Prof An...
Saturday, May 29, 2010

Hugh Hendry: 'I would recommend you panic'

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Here is an interesting discussion on Newsnight with Hedge Fund manager Hugh Hendry, economist Jeffrey Sachs and Financial Times' Gillia...
Wednesday, January 27, 2010

US Stock Market Turbulence Hardly About Fundamentals

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In the US, it's been alleged that the recent market turbulence has exhibited on the fundamental state of her economy. However, if we loo...
Tuesday, October 20, 2009

Desperately Looking For Normal

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This exemplifies what we deem as “desperately looking for normal”- where the markets are expected to behave according to a scenario molded b...