although its good to handle accounting which is about checks and balances or debit & credits, but finance is not about balances, rather creating something new, but while in creation, a human mind also end up in creating bubbles ... think about it ..!
Sunday, April 17, 2022
why current Mathematics is not suited to study finance ..?
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30Y treas auction rates above 5p
Last it happend was in Aug 2007 - about 20Y ago and a market peak which broght the real estate and financial crisis..!
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GDP & Nuclear warheads of various nations : Russia 2.714T 5,500 India 3.9T 180 China 18.74T ...
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It will percolate in CPI in future .. still expecting many rate cuts this year .. think again ..!
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Gold reaches all time high indicating inflation in future; so why are we expecting Fed to cut rates ..?
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