Sunday , November 24 2024

So what?

Summary:
Correlation is not causation, inverse or otherwise:Just a reminder of how bank liquidity and the size of central banks' balance sheets have been unrelated (or maybe inversely correlated!) to the rate of inflation. pic.twitter.com/a8GPHrYFDD— Andrea Terzi (@ndrea_terzi) May 23, 2018

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Mike Norman considers the following as important:

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Correlation is not causation, inverse or otherwise:

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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