Economy

Demeter

(85,373 posts)

19. BEHIND THE ROSY SCENARIO

Mon Oct 29, 2012, 06:54 AM

Oct 2012

on extrapolating this recent China growth, Michael Pettis has a few words:

If you want to make economic predictions, in other words, whereas a long historical view will be very useful because it allows you to consider the dislocations created by a reversal of unsustainable imbalances, recent economic data are largely useless, as are predictions based on linear adjustments of recent economic data. Instead of projecting from past data you must model the various paths by which rebalancing can occur, and your prediction must be limited to those paths.

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STOCK MARKET WATCH -- Monday, 29 October 2012 [View all] Tansy_Gold Oct 2012 OP

Looks like the NY markets will be closed Monday Tansy_Gold Oct 2012 #1

Aye, aye, mon Capitaine! Demeter Oct 2012 #2

Hmm, you're awfully cheery. . . . Tansy_Gold Oct 2012 #3

Nope--just success Demeter Oct 2012 #6

All US Equity Markets Closed Due To Sandy Ghost Dog Oct 2012 #4

Then maybe they ought to pull the plug on those "algos" Demeter Oct 2012 #8

For the best...futures in the crapper! Roland99 Oct 2012 #46

that's MISS Frankenstorm to you... xchrom Oct 2012 #5

APNEWSBREAK: TOYOTA HEADED TO RECORD GLOBAL SALES xchrom Oct 2012 #7

Why don't I believe this? Demeter Oct 2012 #10

everything is 'revised' any more. xchrom Oct 2012 #12

Because they weren't counting Demeter Oct 2012 #21

LAYOFFS, PERKS, LABOR COSTS TRAP FRENCH GOVT xchrom Oct 2012 #9

And of course, there are no profits in it Demeter Oct 2012 #11

... xchrom Oct 2012 #13

Five million paid less than living wage, says KPMG{uk} xchrom Oct 2012 #14

Markets Are Falling xchrom Oct 2012 #15

That's because Uncle Sam's Algos won't come out to play Demeter Oct 2012 #23

SLOSH defined Po_d Mainiac Oct 2012 #48

Supersonic Fiscal Free Fall Demeter Oct 2012 #16

What Fiscal Cliff? Obama Planning Another "Tax Cut" Fiscal Stimulus Demeter Oct 2012 #27

On The Fullness And Boldness Of QE's Manipulation Of American's Behavior Demeter Oct 2012 #29

Italian Markets Are Tanking � And These Ominous Comments From Berlusconi May Be Why xchrom Oct 2012 #17

I think he's too late Demeter Oct 2012 #25

Charting The Undoing Of Credit-Fueled Globalization Demeter Oct 2012 #18

BEHIND THE ROSY SCENARIO Demeter Oct 2012 #19

IMF asks for non-viable Spanish banks to be wound down xchrom Oct 2012 #20

The IMF is going for an Icelandic Solution? Demeter Oct 2012 #26

... xchrom Oct 2012 #28

Spanish judges begin to appreciate misery caused by 'brutal evictions' xchrom Oct 2012 #22

Seven firms a day going under as insolvencies rise {ireland} xchrom Oct 2012 #24

Finns find food for thought in theorised exit strategy xchrom Oct 2012 #30

Spain�s Pain Seen Intensifying as Slump Swells Deficit: Economy xchrom Oct 2012 #31

I'm not certain, but Demeter Oct 2012 #32

this storm sucks - as the kids say. nt xchrom Oct 2012 #33

We were still getting tropical storm strength gusts late last night. Fuddnik Oct 2012 #43

durham isn't near the water -- but it's the wind i worry about. nt xchrom Oct 2012 #44

Huh? Po_d Mainiac Oct 2012 #49

I just read the entire Stoller article from yesterday's thread bread_and_roses Oct 2012 #34

Another Default? Troika Calls for New Debt Relief for Greece xchrom Oct 2012 #35

SPAIN AND ITALY LEADERS MEET TO DISCUSS CRISIS xchrom Oct 2012 #36

With a two word (in large print) press release at the conclusion of the conference Po_d Mainiac Oct 2012 #47

STORM LEADS COMPANIES TO POSTPONE EARNINGS REPORTS xchrom Oct 2012 #37

Sounds like attempted market manipulation to me Demeter Oct 2012 #40

it's a sad state of affairs -- these people in these positions give us no reason to trust them. xchrom Oct 2012 #41

RUSSIAN SHIP WITH 700 TONS OF GOLD ORE MISSING xchrom Oct 2012 #38

How unfortunate--unless, how convenient Demeter Oct 2012 #39

Dr. No? rusty fender Oct 2012 #50

FITCH: US MONEY FUNDS DIP TOES BACK INTO EUROPE xchrom Oct 2012 #42

Consumers Spur Growth in U.S. as Exports Decline xchrom Oct 2012 #45

Markets will be closed again Tuesday. Fuddnik Oct 2012 #51

So do we continue this thread again for tomorrow? DemReadingDU Oct 2012 #52

Notice how quiet all the rest of the world is? Demeter Oct 2012 #53

Because it could. Fuddnik Oct 2012 #54