Monthly Archives: février 2014
Nearly every news diffused in the financial community is analysed, broken down, analysed again, till a consensus around its significance is reached. The consensus usually tells you if the news is good or bad. You don’t need to know why, … Continue reading
A cartoon that represents the hypocrite western position relating to the events in Ukraine. You can see French interventionist and atlantist philosopher, Bernard-Henri Lévy, posing for photographs in an apparently expensive suit. Next to him, we can see an Ukrainian … Continue reading
Asset-backed securities back in vogue (this feed is attributed to :“© The Financial Times Limited 2014) Another short video that demonstrates that professionals have understood nothing at all about what exactly happened in 2008. We have here Richard Hopkin, managing director … Continue reading
A quick follow up on the post I wrote on the U.S job market and the optimistic misperception the market is conveying. Great video from Peter Schiff on the over-optimism, QE limits, and the gold price surge.
A lot in economics depends on forecasting and number-crunching. When a certain positive interpretation of macro figures such as GDP forecasts, unemployment numbers, or interest rate future variations, becomes the only existing media narrative out there, one might conclude that … Continue reading