« How can exotic options be used for risk management? |
Main
| Riksbank's negative interest rate experiment... »
August 01, 2009
Googling Sentiments...
Larry Summers, Economic Adviser to the US government, recently mentioned that the more normal levels of the search "economic depression" is an indication that the economic free-fall has ended.
Professor Gregory N. Mankiw, in his weblog entry entitled "Google searches as an economic indicator" authored on the same day (17-Jul-09) on which Summers made his remarks,gives the relevant graph. That graph follows:
Interestingly, the graph looks very different today (1-Aug-09). In fact the "economic depression" Google Trends graph shows that the search volumes have reached a new all-time high.
So, has a new free fall begun.
Note: The "news reference volume" has not taken the same direction as the "search volume index".
Posted by amgodbole at August 1, 2009 07:13 PM
I am a candidate for PRMIA and have some questions regarding EXAM III.
Would you be able to assist.
I can be reached at mba.indian@gmail.com.
Posted by: Sanjay at August 30, 2009 10:24 PM
Post a comment
