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Duffie on speculative trading

…prices be more accurate. 3) speculation–defined as “accurately forecasting an investment’s fundamental strength or weakness”–is not the same as manipulation–defined as “when investors ‘attack’ a financial market in order to…

BRUCE KRASTING ASKS FOR MORE

…death of the Trust Fund. I can’t do that. I prefer to let the Social Security Trustees do all the hard forecasting. All I can do is point out what…

Save Hoffman La Roche from itself

…it was approved. No law prevents them from forecasting demand based on the evidence, published in top peer reviewed journals, that Zenapax has many other uses and that demand for…

The New Black Gold–will tax boondoggles never cease?

…Connelly that we should “Think of this as a potential black-liquor II” and Marty Sullivan as forecasting “$25 billion in tax reductions for pulp producers claiming the cellulosic biofuel tax…

QOTD, and a bookmark for a future post

Our findings do not provide much support for the usefulness of monetary aggregates in forecasting inflation. See more at the St. Louis Fed. Did building realistic macroeconomic models just get…

comment on Ambrosini

…identify that certain macroeconomic features exist, but they don’t bother to quantify the importance of those features. and also a comment pushmedia1 Says: January 29th, 2009 at 3:03 pm To…

The Depression and Post WW II Recessions

…this chart. In business cycle analysis if you use NBER official terminology the cyle should be divided into three phases. The first is recession from the peak in economic activity…