Check out the repost of a nice Andrew Gelman piece on the perils of the "single definitive study". I'm not entirely sure what he means by "happy talk", but it's very apt as a description of the sort of academic gushing that seems to be required by the "impact agenda". Nothing against publicity, BTW, but perhaps one should have something worth saying first. Anyway, a good excuse to listen to REM.
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Markets are forward-looking
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LPL Financial analyzed 25 major geopolitical episodes, dating back to
Japan’s 1941 attack on Pearl Harbor. “Total drawdowns around these events
have been...
7 hours ago
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