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  • Rogue Traders and Economic Capital [View article]
    Chris, I strongly agree with your general argument, and I have been making the same argument since August. Also refer to Part III of "High Noon at the Wall Street Corral"

    mnrtrading.blogspot.co...

    However, I disagree with you regarding the Feds further easing. They have no real choice at this point in time. They need to stabilize the financial markets long enough to unwind things. Then let's get down to talking serious reform.

    By the way, I cite your work in that August post.

    mnrtrading.blogspot.co...
    Jan 28 21:32 pm |Rating: 0 0 |Link to Comment
  • 2008 Bespoke Market Poll: Chance of Recession 50/50 [View article]
    My comments to the WSJ "recession" Poll of economists posted both at WSJ.com and

    mnrtrading.blogspot.co...

    stated that there was no consensus and that the arithmetic averaging of "sentiment" with actual modeling results is statistically incorrect. The 50-50 results you reported here are consistent with the notion that nobody knows, but should not be presented as a probability of recession.
    Jan 04 21:54 pm |Rating: 0 0 |Link to Comment
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