Moody’s Economy.com Chief Economist Mark Zandi says that more stimulus is needed to ensure the U.S. doesn’t slip back into recession. Zandi tells Bloomberg that inflation will be no threat in 2010 or 2011, and that the government needs to do what is necessary to make sure the economic recovery turns into sustained expansion, rather [...]
Read moreMetrics to Watch in 2010: Confidence, Unemployment
As part of its 2010 preview, PBS NewsHour asked some top economists what they think will be the key economic metric to watch in 2010. Robert Shiller, the Yale economist and housing bust predictor, says the key metric will involve confidence — specifically question x4 of the survey used in the Michigan Consumer Sentiment Index. [...]
Read moreThe “Expert on Experts” on Who You Can — And Can’t — Trust in Today’s Market
“Expert”. It’s a term that gets thrown around an awful lot in parts of our society, and the financial world is no exception. But in an interview with Money magazine, researcher Philip Tetlock warns not to trust someone just because they’re called an expert, and explains why so many of these supposed “experts” failed to [...]
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January 13, 2010
