The Silver Lining Is the U.S.
Earlier this week I reviewed the comments of Nobel Laureate Myron Scholes (of Black-Scholes fame) at the CFA Society of Los Angeles annual meeting. Scholes offered more insight than could be contained in a single post, so here is the follow-up piece.
On Monday I described Scholes' four pillars of the current economy -- population, technology, scarcity and political. Moving on from here, we can now examine the two schools of thought surrounding the U.S. economy, and the themes that emerge for the balance of this decade....366 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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