Nobel Prize winning economist Robert Shiller says that the state of the economy, housing and stock markets, combined with continued low interest rates, could mean the U.S. is due for a recession.
However, he says that human behavior makes it very difficult to make predictions. The Trump administration and extreme weather events haven't affected markets...yet.
Realism in Economics ..
Bi saydırımda rahatlıyım Merve ,yine arapca amk pinterestte face'de ayrı orda ayrı
S*kicem zihnini ruhunu yazılarını kelamlarını ama sözde normalde sarılıcam ,
Nobel vericez sana güzel kızım Merve dostlarımla 😂😂❤️💕❤️😂
Easier to predict populations than individuals
I hope you didn’t pay him much for such economic/market advice. My cat could’ve said the same — in between meows.
It's impossible to predict the economy. We are the economy. Our interactions with each other, based on our free-will, make the economy what it is. The invisible hand isn't God's, it's all of ours, together.
'Predictions are very hard to make, especially about the future...' ( O.Wilde)
What a discovery, it's obvious the future is unoredectible. Just taken into account the 85 percent of fund managers that consistently underperform the benchmarks they are supposed to beat. That's what life is about. We can ONLY build models to try to predict future events.
RobertJShiller most economist look at facts instead of their political leanings when predicting markets. Try that next time.
Yet people still have jobs as economists to make forecasts