Heavy Lifting - thoughts and web finds by an economist
|I also contribute to Division of Labour||Load HL's Front Page|
Wednesday, August 11, 2004
Today's Wall Street Journal Opinion page has an interesting, if somewhat muddled, argument that as Kerry's prospects of winning the election improve, the financial markets take a dive. Using data from the Iowa Electronic Markets, the article features a graph showing that the futures contract for Kerry is counter-cyclical with the S&P 500:
Perhaps, but it is difficult to identify causation with the ocular estimator. So, the lesson is that the statist/democrat left does not have a monopoly on leaps of faith about causation.
Comments: Post a Comment
Le Chai - galerie du vin
Posts that contain Craig Depken per day for the last 90 days.
Heavy Lifting's Main Page
Money I Found Today
Heavy Lifting - Firehose style (56k warning)
- Causation vs. Correlation II
Modified maystar design
powered by blogger