The Efficient Markets Hypothesis entirely explains this. https://www.bloomberg.com/news/articles/2019-03-28/economists-are-actually-terrible-at-forecasting-recessions … ...
-
Show this thread
-
... If it surprises you that economic experts aren't seeing something more clearly than the market is, you're not getting it.
1 reply 5 retweets 37 likesShow this thread -
... "Why, oh why, is the Cathedral-Monetary Complex failing to see why all the prices are wrong?"
1 reply 2 retweets 24 likesShow this thread -
... Macroeconomics is a cognitive disorder (and actually implicit communism).
3 replies 11 retweets 64 likesShow this thread -
This Tweet is unavailable.
Replying to @TDels_
"If you're so smart, why ain't you rich?" -- More embedded wisdom than is readily accessed by the entire economics profession.
0 replies
1 retweet
12 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.