"According to an overwhelming majority of economists surveyed by the National Association for Business Economics, The recession in the U.S. will end this year, and joblessness will average 9.1%, More than 90% of the respondents expect the recession to end sometime this year, while 74% expect it to end in the third quarter."
Of course, these are the same folks who said there would not be a recession two years ago. Given their "excellent" track record and "wonderful" informed opinions, we can safely ignore this noise?
About Me
- Dr. Junhua Lu
- Junhua Lu BSc, MSc (Fin), CFA, MCSE, PhD Quantitative portfolio strategist with expertise in a broad range of financial modelling and quantitative analysis techniques. Familiarity with a broad range of portfolio risk management and strategies, including portfolio optimization with higher moment, stress testing, back testing, and risk budgeting. Demonstrated ability to employ a variety of advanced econometric techniques to identify potential investment opportunities creatively. Extensive experience with such programming packages as MATLAB, C++, and VBA as well as use of such financial databases as Factset, Bloomberg, CRSP, Compustat, Lipper and Morningstar.
Alpha Thinking
Posts
Comments