logo
Why Economists Are Looking at Economics All Wrong

Why Economists Are Looking at Economics All Wrong

Bloomberg11-04-2025

On this week's episode of Merryn Talks Money, economist James Galbraith explains the problem with most models.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How to Exit US Markets Amid ‘Terminal Lucidity'
How to Exit US Markets Amid ‘Terminal Lucidity'

Bloomberg

time24-05-2025

  • Bloomberg

How to Exit US Markets Amid ‘Terminal Lucidity'

Terminal lucidity. It's the phrase used to describe a short period just before death when the terminally ill appear to recover. All too often it gives hope—irrational hope—to the soon-to-be bereaved. That's what strategist Bill Blaine reckons happened in the US stock market this week. After a torrid few months, the S&P 500 is all but evens on the year, and that's made many investors think that maybe everything's going to be fine. But the reckoning comes to us all. And the truth is that tariff chaos, ongoing stress in the bond market, the risks of stagflation and still-superhigh valuations mean that if you haven't diversified into non-US markets yet, you really should get on with it. (Not everyone agrees with this analysis, of course. Listen to Ed Yardeni on this week's Merryn Talks Money for a more cheery outlook.)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store