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December 8, 2015

Movie Review: “The Big Short” Entertains, But First it Has to Educate

What’s a Little Didacticism in a Movie With Margot Robbie & Brad Pitt? Are collateralized debt obligations (“CDO’s”) easier to understand when a gorgeous Margot Robbie — enjoying a champagne bubble bath — explains them? (maybe, if you’re not too distracted). How about when the teacher is Selena Gomez or Chef Anthony Bourdain? That’s the...
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The Folly of Economic Forecasting

Exhibit A:  Late 2015 Gas Prices Still believe in economic forecasting? Find me one analyst, less than 3 years ago, who got both or just one of the following right — and correctly forecast the economic effect of same: One.  Wholesale gas prices will collapse.  Retail prices (what consumers pay at the pump) will plummet more...
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