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MARKET FORECASTS

Hello All!
I found this very interesting!
[No disrespect to the economists - In fact, I, myself, am a pursuing macro economist in a long run.]
Reading about Macro Economists – those who we see almost every time on TV, talking about currencies, countries and economies – forecasting -
I learned that they fall in 3 categories –
1) ECONOMIC FORECASTING
2) ECONOMIC RESEARCHING &
3) DATA DEVELOPING
To my surprise, the LEAST that they are capable of happens to be – guess which one out of the above 3?
Ans is # 1 – FORECASTING… (Ref: Book: Macroeconomics By Ben S. Bernanke, And[/No]…
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YELLEN's leadership Dollar 2014 OUTLOOK_ good or bad?

Hello All,
As we all know that the Taper has been on, despite newly appointed Fed Chair - Yellen, who has been pretty dovish for USD overall. US Dollar had tumble few months back when Larry Summer stepped out and it became apparent that Yellen would be the next Chair. Market reacted '$ negative' quite significantly.
Now, big question is - will the Taper continue or Yellen would play strong role in slowing the pace of tapering? Or perhaps, even pause it for a period of time? How will this effec…
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