How the 'Experts' Missed the Crash: Philosophical Flaws, No Sense of History
On July 22, 2007, Leavitt Brothers sent out a video arguing a top may be in place or at the very least, caution was warranted. Yet we have no formal economics training. How did we get it right with some plain old common sense and so many so-called experts got it wrong? Aaron Taks and Henry Blodget of tech ticker disguss the subject with James Galgraith, economics professor at the Univ. of Texas.
Resurrect the Uptick Rule? Beware of Consequences
Charles Schwab says the uptick rule should be reinstated. Paul Kedrosky of the Infectious Greed blog says bad idea. Beware of the unintended consequences. He and Sarah Lacy of tech ticker discuss the topic.