An article that blamess mathematician's lack of questioning the assumptions behind many of the models.. Entire article below.
Wall Street Relies on ‘Too Much Mathematics,’ Paul Wilmott Says
By Thomas R. Keene and Shannon D...
Better than expected jobns report buoy stocks.
But the surprise is unemployment rate has gone down even though there were about 250K jobs lost in the last month. apparently this is explained by a...
Has anybody considered taking graduate level statistics department courses at Baruch as electives?
If anybody has taken any course and has comments/suggestions about it, it would be wonderful.
Some courses offered in the Fall are:
Regression and Forecast : Gill, B
Modern Regression Analysis...
The difference between 10 yr and 2yr yields have risen to a record 275 bp today.
Maybe the nascent revival in the housing markets is over..
Has inflation already made a comeback, even as people were just thinking about it in the last few months.
An article from Bloomberg...
fyi all: One place where students can get free and subsidized software legally is CUNY emall.
All with CUNY login and id are eligible(which means all MFE students)
e-Mall Registration Instructions
link above has more details.
This is an article about Nikolai Kondritev's work with respect to the commodity cycle. Time will tell whether this is true.