Margaret Heffernan, writing on The Huffington Post, writes Friday about the “sado-masochistic sport that is now TV business coverage.”
“Believe no one. Why? Because nobody knows. This parlor game of guessing the future, for all that it’s laden with data and charts, is still just hocus pocus. The future (of markets and everything else) is not written and you can’t steal a peak at the end of the book to see how it ends. The complexity of world markets is so immense that no one can model it, never mind predict it.”
Read more here.
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