UBS

Ultimate Bullshit Sellers....Oops Sorry UBS

Submitted by Chris Ducret on Wed, 04/01/2020 - 17:23

UBS' Chief Economist, Paul Donovan provide a great write up questioning if anyone knows what is happening.  

For a few months, investors need to be very careful about using economic data in investment models. If the data is wrong, models will be wrong. Remember the computing adage—garbage in, garbage out.