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FT.com / Comment / Analysis - The vision thing
FT.com / Comment / Analysis - The vision thing
Eye chart It has been a bad year for economic forecasters. So bad that royalty wants to know what went wrong. “Why did no one see it coming?” Britain’s Queen Elizabeth asked during a visit to the London School of Economics this month.
The First Thing We Do, Economists, etc.
paul.kedrosky.com — "The first thing we do, let's kill all the lawyers".      - Henry VI, (Act IV, Scene... II). Tonight I happened to be looking at some data on the top 50 economics programs in the world. Just for fun, I resorted the ... (more) The First Thing We Do, Economists, etc.
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Reading: Refis, Volcker, Economists, etc.
Paul Kedrosky's Infectious Greed — Some evening/morning reading worth scanning: Why almost no-one got the current crisis. And why a few did. (FT) Dividend cuts fastest since 1950s in U.S. (Bloomberg) Fed risks spitting in wind with new bailout package (Bloomberg) There is no financial services sector. What do we do now? (FT) Volcker tapped for Obama economic advisory role (WSJ) Fed aid sets off a rush to refinance (WSJ) Why fairly valued stock markets are an opportunity (FT) ...

Pink Picks
FT Alphaville — Comment and analysis from the FT on Wednesday , Analysis: The vision thing  Chris Giles on that question from Queen Elizabeth: “Why did no one see it coming?” ...

Why Did Forecasters Missed the Crisis?
Economist's View — ... The vision thing, by Chris Giles, Commentary, Financial Times: It has been a bad year for economic forecasters. So bad that royalty wants to know what went wrong. “Why did no one see it coming?” Britain’s Queen Elizabeth asked during a visit to the London School of Economics this month. ... ...

Related: the vision thing us.ft.com
Lunch WrapFT Alphaville
On FT Alphaville this morning, - Quantitative easing in pictures. - Contagious deleveraging. - Implicitly explicit FDIC guarantees? - Quant blame me. - The vision thing. - Treasury (o)gives, curves taketh away. - It's tough to be Rio. - Martin Wolf and truffle risotto in Markets Live....
The vision thingFT Alphaville
The latest glut of grim news is abating again. There are signs of another brief turn in the crisis. And with the breather comes another rash of bottom-calls. Even pessimists are calling a big bear rally. Writes the FT's chief economics commentator Martin Wolf today: The good news is that, ...