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Good Luck Forecasting The Ukraine
February 26, 2014
Stock market analysts — known around here as z-vals due to the zero-validity of their 50 pct mistake rate — are busy forecasting what the turmoil in the Ukraine will mean to financial markets. Here we go again. There is no way to know, but that doesn’t stop them from posing as if there is. Let’s have a look at the absurdity of this effort.

First, a quick recap of what happened.

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