Here is today's recommended reading list from Equitymaster...
The truth about economic forecasting If things like crystal ball gazing and reading palms is considered an exercise in futility, we don't understand why economists are held in such high esteem? After all, their record in successfully predicting macroeconomic events is as bad if not worse. Maybe it's their polished talk and the confidence they exude even while making absurd economic forecasts. Thus, we believe economists would be better off removing their forecasting hats. Read on to find out the areas they could possibly focus on instead of forecasting. (Ludwig von Mises Institute)
Japan showing sign of revival? In order to combat deflation, the Japanese government has taken steps towards revival and touching inflation an level of 2% in two years. The pro inflation policies seem to show some positive signs. Read on to find out about this new development and how can this be positive for Japan? (The New York Times Company)
Is the US economy heading towards recession? While the Dow Jones Industrial Index may have soared above the 15,000 mark, a dozen fundamental indicators as pointed out by respected researcher and author of 'The beginning of the End', Michael T Snyder, makes us ponder about an impending US recession. Read on to find out more. (The Economic Collapse)
The ways to avoid behavioral biases while taking investment decisions A study conducted at University of California has found strong evidence that investors have behavior biases that often affect their investing decisions, even more than empirical data. The article states four such biases that are commonly found while taking investment decisions. Read on to find out... (Investopedia)
Should Bitcoins be regulated? Recently, bitcoins have witnessed increasing preference especially from various traders and investors. Though the use of bitcoins has been increasing globally, there are certain risks associated with the same. This raises the question as to whether bitcoins should be regulated? Read on to find out more on this subject. ( New Statesman)
Bhavita Nagrani is a Chartered Financial Analyst (ICFAI) with nearly six years of experience in the field of equity research. She has a deep understanding of the global as well as the domestic Healthcare industry and keenly tracks the developments therein. When it comes to stock investing, she is a strong advocate of the bottom-up approach to stock picking and has a remarkable ability to discern nuances in the business models of companies belonging to the same industry. Bhavita is the contributor to our large cap franchise, StockSelect.
Disclaimer: This article is for information purposes only. The link in this article will let the User leave www.equitymaster.com and proceed to the linked article. The User's use of each such site is subject to Terms of Use on www.equitymaster.com and other terms of use, if any, contained within each such site. Any data and charts if used, in the article have not been authenticated by Equitymaster and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views, if any in the linked article are not of Equitymaster. Equitymaster will not be responsible for any loss or liability incurred to any person as a consequence of his or any other person on his behalf taking any investment decisions based on this article. Please read the detailed Terms of Use of the web site.
Equitymaster requests your view! Post a comment on "The truth about economic forecasting". Click here!
Thank you for posting your view on Equitymaster!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!
Asad Dossani discusses how he learnt to make money using technical analysis. Using technical analysis resulted in significant trading profits over time
The amount that you spend for your or your family's education expenses can provide you tax benefits. PersonalFN explains various Sections of the Income-Tax Act that allow such deductions and exemptions.
The finances of a large number of people get messed up due to the lack of an organised approach. PersonalFN has listed down some commandments that you must follow to enjoy a stress-free financial life.
LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Use of the information herein is at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual investors. Before acting on any recommendation, investors should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.
Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India. Telephone: 91-22-6143 4055. Fax: 91-22-2202 8550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
