The problem with averages, says Sam L. Savage, is that “plans based on average assumptions are wrong on average.” This is the thesis of his new book, “The Flaw of Averages” (John Wiley & Sons Inc., ...
The average probability of a soft landing was 52%, up from 47% in the January CNBC Fed survey. The probability of a recession in the next 12 months fell to 32%, down from 39% in January and 63% in ...
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