The Stress Talk

Those studying finance economics really felt like they dropped the ball when the financial crisis hit in 2007. They had been so good at helping financial institutions and investors maximize their profits and find new ways to capitalize on assets. They plugged in numbers to predict where the market would go and what would happen. [...]

It’s a mistaken view that the only job of an economist is to monitor the U.S. economy for signs of instability and weakness, or forecast how long the market will take to rebound. Sure, this is one job that a top market economist might do, but there are many more jobs in a range of [...]