6 ms·

Yeah, but when everybody tells you to invest while the market is about to break down then there must be something wrong with the model.

• Tichy 17y ago
  In general I don't think it is the economists who tell you what stock to buy.
  • onreact-com 17y ago
    No "what" stock but that you should invest instead of a warning that the economy will break down soon. Most economists (something like 99,9%) failed to do so.
    • juvenn 17y ago
      If all of the economists say that economy will break down next Monday, guess what? People will sell stocks in hand, and the economy will go down indeed, besides what is in truth. Since people are adaptive, they make decisions according messages they collected.
      • onreact-com 17y ago
        It's the job of economists to predict stuff like that to actually prevent it.