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The One Thing Every Wall Street Economist Desperately Needs
If there is anything the past two years have revealed, is that all Wall Street economists are lousy weathermen. So, to avoid more humiliation next year when the Fed's rate hiking plans are again derailed by snow in the winter, we present the one device that no "economist" should ever again be seen in public without.
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Nail guns, where is Nail guns?
<---- Nail gun
I'm an economist. May I make a forecast? I forecast more government intrusion in our lives, higher taxes and less freedom. I also forecast more people will be poor. Further, I forecast that money printing will not stop except for brief periods in which the "market" will throw hissy-fits.
My timeframe on this forecast extends to forever, or the next time we decide to water the tree of liberty, whichever comes first.
I'm fairly certain I'll be proven accurate with this one. You can keep the rock. Already got one between my ears.
there's no way you are an economist. all the economists are on the side of the current president and his party. i haven't found any economists that forecast doom. Now, there are plenty of doomers out there. They're just not economists. all economists think borrowing of any kind is magic, and will cause perpetual growth.
That's the problem right there. Economics is called the "dismal science", and for pretty good reasons. I always thought that was the hallmark of a real economist. It's the ones who DON'T forecast doom who are the charlatans.
Economics - an abortion masquerading as an academic "discipline"
Smart economist: continues to say thngs that keep the paycheck coming.
Dumb economist: continues to say things that keep the paycheck coming.
It's alot like Global Warming ain't it?
OT: I completely endorse Hillary for POTUS 2016.
<~~ They need a bong and a trash can full of weed.
<~~ They need to get the hell out of dodge FAST!
God created economists to make weather men look good!
For f#^^'s sake...it really is so obvious now that even an economist couldn't not get it (if they were so inclined)...check the charts to see this bubble in context to real estate and previous bubbles...just don't expect this one to end like previous bubbles.
http://econimica.blogspot.com/2015/02/fundamentally-flawed-chapter-34-us-real.html
The foundation is crumbling and the whole thing is so fragile that no "market" price discovery can be allowed or the whole thing comes down.
The last chart of the link sums up the asset recovery absent the economic recovery nicely...
3 Stones Wife finally caught me cheating
Forecast: Bullish
Someday AMZN will be the greatest short ever. But today is not that day.
Well I'll still hold onto my puts thank you very much.
A bullet in the head?
<~~~ A Boot Out
<~~~ A Bail Out
However it is, that's how it's going to be tomorrow. Just more of it.
Lead supplements?
With the market heading into the close, shouldn't we see some big moves by those in the know about Apple's earnings?
Are you saying people might trade on non-public information? Wha?
Judging by market action, Apple's report will be....
Meh.
Stone buried inside your cranium: Suicide........
sorry , but only a stoner could dream this up ..
Buckweated?
Pulse forecast. If there is a pulse, buy buy buy.
So, to avoid more humiliation next year when the Fed's rate hiking plans are again derailed by the fact the national debt is elevnty gabilliontrillion dollars... :)
I think quite a few weathermen use that rock....cause they no shit for weather...
More cowbell!!
Explore the space!
Stone covered in vomit : Someone walked by reading Ben Bernanke's autobiography.
What does it mean if banker brains can be seen on the stone?
Oh, no es Buen Omen... It would mean that their Greed had gotten the best of them!
You put them there, You clean it off!
That the world improved ever so slightly, and that it'a a call to action for you.
Every investment firm in existence already knows not to put economists in charge of forecasting investments. The only reason they get hired is for their knowledge of advanced math.
What about DC Economists? Several years ago I gave a man living in Vienna, VA $233 for a 20 Peso Gold coin. He had a PhD in Economics but he didn't want that half oz of gold as much as he wanted all of those Federal Reserve Notes... Que Loco, no?
Apple $AAPL beats with EPS of $2.33 vs $2.15 consensus estimates
Well, there's the spending.
A .Gov subsidized paycheck.
It's not forecast, it's realtime !
After that I'm stoned .
Well, seeing as your "Average Economic Forecaster" will rely on computing power (usually significant computing power), and today's machines are rather reliant on silicon, the connection between economic forecasting and "John's Weather Forecasting stone" may be far less tenuous that at first appearance . . . .
Economists are folks who were to plain looking to become weather forecasters.
I was going to guess "a clue".