Onto Fiscal Cliff #2 (and #3, and #4, and . . . ???) Statistician Nate Silver has advanced an interesting explanation for ever more frequent (and seemingly more acute) attacks of political gridlock nationally — the just-averted Fiscal Cliff fiasco serving as Exhibit A. Namely, politicians on both sides of the aisle have conspired to...Read More
The Art of Predicting Housing — And Everything Else “It’s tough to make predictions — especially about the future.” –Yogi Berra “The trend is your friend . . . until the bend.” –Stock market wag If most prognosticators simply extrapolate current conditions — which I believe is the case — does it follow that I...Read More