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If this signal is watched more often now, it might be that it's predictive power is decreased. A metric you act on ceases to be a good metric.
by pradn 7y ago
If this signal is watched more often now, it might be that it's predictive power is decreased. A metric you act on ceases to be a good metric.
- notJim 7y agoOn the other hand, is it possible it's a self-fulfilling prophecy?
- TearsInTheRain 7y agoDefinitely, if people collectively start acting more cautiously and spend less the economy will contract.
- malandrew 7y agoEconomic contraction isn't necessarily a bad thing so long as it is a cautious, thoughtful and controlled contraction that gets rid of the kind of spoilage that festers into a crash.