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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (34493)8/1/2005 5:45:24 AM
From: zonder  Read Replies (2) of 116555
 
Talking about the economy in general, yes, others have given far better advice. This guy has been expecting rate cuts for more than a year now, based on his incorrect understanding of the economy.

Everyone can be wrong from time to time. What I don't like in his attitude is that he keeps revising his view (slightly) every time it is proven wrong (i.e. every month), but never really takes a long hard look at how wrong the overall view is. What he needs is a big "Sorry, I've been wrong" followed by a new outlook. That is the only way he will be credible to me at least...
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