Dec 14, 2018
2:09:45pm
2:09:45pm
Ha. True. I'm obviously taking an extreme position here. I don't mean to malign
Economists by comparing them to astrologers. They do use data and they're doing the best they can with what they have to work with.
But, I'm just saying that there's a lot of human nature and random human decision making that goes into the economy. If humans were known to make rational decisions all the time then forecasting the economy would become a lot more science and less best guess but that is not how we work. We make irrational decisions.
But, I'm just saying that there's a lot of human nature and random human decision making that goes into the economy. If humans were known to make rational decisions all the time then forecasting the economy would become a lot more science and less best guess but that is not how we work. We make irrational decisions.
- Bio page
- rcbyufan
- Joined
- Aug 18, 2010
- Last login
- May 17, 2024
- Total posts
- 31,677 (1,087 FO)
Messages
Time
In the 23 months since Trump's inauguration, the S&P has yielded an average annual return of 7.9%. Below the S&P's
12/14/18 10:32am
12/14/18 10:33am
12/14/18 10:36am
12/14/18 10:36am
12/14/18 11:05am
12/14/18 11:08am
12/14/18 11:18am
12/14/18 11:34am
12/14/18 11:43am
12/14/18 11:46am
12/14/18 11:56am
12/14/18 1:10pm
12/14/18 1:13pm
12/14/18 10:45am
12/14/18 10:55am
12/14/18 11:16am
12/14/18 11:38am
12/14/18 10:37am
12/14/18 10:53am
12/14/18 11:04am
12/14/18 3:52pm
12/15/18 7:34am
12/14/18 8:45pm