4 ms·
Commentary from the financial press is very interesting to read. On the one hand, these writers exude confidence like scientists in natural sciences. On the oth
by raincom 7y ago
Commentary from the financial press is very interesting to read. On the one hand, these writers exude confidence like scientists in natural sciences. On the other hand, they act like sports commentators on ESPN with all jargon (yields, technical analysis, p/e, libor, etc); these guys are ready to any justification/explanation to whichever way the market winds blow. Lots of post-hoc explanations.