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The near future is more predictable than the distant future.
Last year, the St. Louis Federal Reserve explored the accuracy of recession forecasts. They found that short-term predictions about whether…
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The best week of the year?
After two weeks of slow and jolting market performance, a bounty of positive news calmed investors and lifted stock markets…
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Markets were gripped by August jitters.
Last week, financial markets were volatile. The CBOE Volatility Index (VIX), which is known as Wall Street’s fear gauge, rose…
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Stock markets swelled and dropped like waves at the Olympic surfing competition in Tahiti.
It is often said that markets hate uncertainty. There was a lot of uncertainty last week, and it showed. “The…
