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Daily Archives: November 9, 2010
Confident forecasters highly sought and notoriously wrong
One of the biggest challenges in the financial business is that once you are seen as an “expert” people start asking you to forecast the future. Worse, whenever you are asked to speak at a conference, panel or media spot, … Continue reading
Roubini: Here's Why a Gold Standard Won't Work
Following World Bank President Robert Zoellick's comments yesterday that Group-of-20 economies should evaluate using gold as a reference point for market expectations about inflation, deflation and currency values, gold broke through $1,400 an ounce confirming to bulls that the sky, … Continue reading
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