3 ms·
What was the unit of analysis? Stock, sector, index, market, world?
by foldingmoney 7y ago
What was the unit of analysis? Stock, sector, index, market, world?
- lisper 7y agoBonds.
- foldingmoney 7y agoWell, bonds are incredibly macro-sensitive, so when the course of the world economy can be upturned by one Trump tweet (or whatever) then yeah, a super complicated model that you throw away and replace with a fudge factor sounds like about the right way to model it.