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Author Archives: Pairs-trader
Back to Trend? A long look at US Growth
Something happened in 2009 which hasn’t happened since the Great Depression. The US economy failed to recover back towards the previous trend of growth. By a long mile. Several explanations has been offered for this phenomenon; people get older, the … Continue reading
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On Uncertainty
The expected outcome of a coin toss is equal to the probability of heads times the outcome of heads plus the probability of tails times the outcome of tails. Early economic literature such as Knight and Keynes underlined how probabilities … Continue reading
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End of an Era? Boeing to Bow down to Airbus
During the cold war, Boeing was the undisputed leader in the aerospace field and a leader of American innovation and technology. This change, however, and in recent years Boeing’s hold of the commercial flight market has taken a dive. Ongoing … Continue reading