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As someone who's studied economics, predicting interest rates in the long run is fairly straight forward. It's the short term movements that are impossible. I
by wing-_-nuts 3y ago
As someone who's studied economics, predicting interest rates in the long run is fairly straight forward. It's the short term movements that are impossible. I base my statements on historical fed moves in a similar environment, but I'm not paul volcker
- deleted 3y ago[deleted]
- hotpotamus 3y agoI've also studied finance and economics, like in university and everything, though not to any great extent. I came away from the experience thinking that it might have a bit more predictive power than reading chicken entrails. What long term predictions from the past accurately tell you today's rates? That is do you have any back testing?