Word: economice
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The thing is, I already ignore all these (relatively minor) indicators. I had been hoping to learn I could skip GDP or the employment report. I should have known that professional forecasters wouldn't forgo real data. As Mark Zandi of Moody's Economy.com put it in an e-mail...
With that in mind, I asked a few of my favorite economic forecasters to name an indicator or two that I could afford to start ignoring. Three said they disregarded the index of leading indicators, originally devised at the Commerce Department but now compiled by the Conference Board, a business...
Most of us aren't professional forecasters. What should we make of the cacophony of monthly and weekly data? The obvious advice is to focus on trends and ignore the noise. But the most important economic moments come when trends reverse - when what appears to be noise is really a...
Sylvain, who teaches Creole at Harvard, said a history of foreign intervention in Haiti and of pernicious economic policies has helped to undermine the Haitian economy, but he acknowledged that government corruption has also contributed to the nation’s impoverishment.
Pundits have been studying the wrong Roosevelt. President Obama shouldn’t look to Franklin, class of 1904—at least not this year, when anything like FDR’s serenity and gentility comes across as aloofness. Obama will have to adopt a different model for his...