Odyssean Wicca

The effect of new housing supply in structural models: a forecasting performance evaluation

Retrieved on: 
Sunday, February 4, 2024
BET, Section 2, Model, XT, CIT, LTV, Forecasting, Total, Bank, RT, Elasticity, GDP, Website, University of Chicago Press, Process control block, Fiscal, Reproduction, University, WTP, Johns Hopkins University Press, E32, Faculty, Writing, KMR, Monetary economics, Household, Root mean square, YT, GFC, Language, VAR, A6, Motivation, Growth, PLT, Hartman–Grobman theorem, Research, House, Observation, Friction, Section 4, Classification, Macroeconomic model, BAA, AP, Kálmán, Odyssean Wicca, Parameter, Blue chip, A5, HPT, Mark Gertler, Learning, Smets, Inflation, ECB, Q2, Trade, CE, Hit, SPF, Review of Economic Dynamics, ZBW, Kolasa, LTM, R21, Patient, Prior, Shock, Movement, ZT, Australasian, M1, Lens, Great, Nobuhiro, European Central Bank, Estimator, Policy, LTI, COVID-19, Attention, HP, Feedback, Goethe University Frankfurt, International Journal of Forecasting, Federal Reserve, Federal Reserve Bank, Behavior, Health, Blue Chip Economic Indicators, Inverse, Zero lower bound, The Blue, Journal of Applied Econometrics, Economic forecasting, Matrix, Economy, Federal, R31, LTP, Chinese Blackjack, WTI, CES, Sim, Bit, Section 5, Capital market, Quantitative Economics, Credit, Motion, Central bank, Journal of Political Economy, Political economy, Taylor & Francis, Journal of Monetary Economics, Act, Binning, CPT, DPT, Point, MCMC, RealTime, Literature, Metropolis–Hastings algorithm, ZLB, TFP, Research Papers in Economics, Del Negro, GBT, Communication, Kalman filter, Markov, Cycle, Business cycle, Eurozone, DFF, PDF, Filter, Medical classification, American Economic Journal, Demand shock, Comparison, Employment, KTEH, Cobb–Douglas production function, Nonprofit organization, Sampler, PTW, Par, Liquidity trap, Paper, Nominal interest rate, QT, Exercise, Monetary policy, RTD, Interest rate, A7, University of Cambridge, Control, Statistics, Posterior, Pressure, American Economic Review, E37, Financial intermediary, Social science, Basel II, Delphic, Depreciation, European Economic Review, HPD, Ai, Calendar, E17, Government, Journal of Econometrics, HTM, Freedom, LTE, Probability, Face, Calibration, Oxford University Press, New Keynesian economics, Sun, HH, Me, Uncertainty, FPI, Production, Dynamics, Handbook, Real estate

Key Points: 

    'Greed is amoral': how Wall Street supermen cashed in on pandemic misery and chaos

    Retrieved on: 
    Monday, July 24, 2023

    Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis chronicles the cold-blooded response of Wall Street to the COVID pandemic.

    Key Points: 
    • Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis chronicles the cold-blooded response of Wall Street to the COVID pandemic.
    • New York finance journalist Scott Patterson reports how savvy investors used the devastation of the pandemic to reap billions in profits.
    • Review: Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis (Scribner) Chaos Kings is not so much about the rapacious “greed is good” mentality of the 1980s.
    • As the profits flowed from the COVID disaster, there was little hint of any ethical quandary.

    The COVID casino

      • In the pages of Patterson’s book, we meet colourful characters from up and down Wall Street who closely studied the illness and death spawned by COVID as it spread around the world.
      • But most of all, they were “the smartest guys in the room”, who used it for their own financial gain.
      • Nassim Taleb, Bill Ackman, Yaneer Bar-Yam, Mark Spitznagel – these are not household names.
      • But they all won big in the pandemic casino by operating as crisis-hunting “stock market visionaries”.

    On the doorstep of doom?

      • But those events were small-time in comparison to what was happening in 2020.
      • But his book also reads, in some ways, like a set of interconnected fictional short stories, filled with thrilling twists, turns and revelations.
      • The Wall Street protagonists undertake epic journeys, fight mythical beasts and weather calamitous acts of nature, only to return home stronger and richer men.
      • But Chaos Kings is not fiction and Patterson does not entirely accept his own heroic narrative.