A Trackside View of the Economy
Every day, those of us who follow the stock market are deluged with a steady flow of prediction and expectations. The macroeconomic picture is dissected, shredded and reassembled on a daily basis in the search for information about the direction of business and markets.
Economists are paid top dollar to sit in nice offices in New York and D.C. and work their magic models to tell us what is happening and to predict what will happen. All too often, their view of the world must get skewed by the comfort of the beautiful office and the limo ride home, because they get it wrong all too often. I prefer a method of economic observation known as going outside and looking around....639 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.