An article in last month’s Barron’s offer six reasons why equity investors should not be put off by a flattening yield curve (the difference between the yields on the 10-year and two-year…
Day: September 7, 2018
Morningstar's Rekenthaler on Economic Predictions
A recent article by John Rekenthaler of Morningstar begins: “Economic predictions are wonderfully useful…after the fact.” He discusses hindsight bias, and how “history gives a simple picture of that which…