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.
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