ebb and flow

Friday FOMC Memories: Bent Straight Lines

By |2014-04-11T16:53:38+00:00April 11th, 2014|Economy, Federal Reserve/Monetary Policy, Markets|

I suppose when your entire task derives from regression-based statistics, there is the tendency to incorporate straight lines into even your own thought patterns. Of course, that leads to self-reinforcing bias and should be canceled by some governing process. Usually that governing process takes the form of applied knowledge (as opposed to math-based knowledge) and [...]