Showing posts with label Pundits. Show all posts
Showing posts with label Pundits. Show all posts

2016-11-10

Trump Win Shocks Political & Media Establishment, Tech & Market Reaction

Trump Win Shocks Political and Media Establishment:

Published FT.com Nov 9, 2016: Donald Trump's victory in the US presidential election confounded pundits and pollsters and even some of his own supporters. The FT's Cardiff Garcia looks at what happened on election night. Filmed by Ben Marino and Gregory Bobillot. Edited by Paolo Pascual. Additional footage from Reuters.

2016 US Election Results: Republicans maintain control of the U.S. Senate & House of Representatives, and increase their number of State Governors according to RealClearPolitics.com:

Latest vote tally (as of Nov 09, 2016) results in these Electoral College totals (Trump narrowly lost Virginia and New Hampshire) (map provided by 270towin.com):

Tech lobbyist on Trump win:

Published by FT.com Nov 9, 2016: Bradley Tusk, founder and CEO of Tusk Holdings, a consultancy in lobbying for tech companies, talks to FT Alphaville's Izabella Kaminska about how the establishment's inability to step outside its echo chamber contributed to Donald Trump's victory.

Where now for markets:

Published by FT.com Nov 9, 2016: The FT.com's Roger Blitz explains how markets are reacting to a Donald Trump presidency.

After dropping in pre-market trading, the S&P 500 closed UP on Nov 9, 2016
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DISCLAIMER

2015-02-03

Barry Ritholtz: Apple Proves You Should Not Trust Analysts (video)


Barry Ritholtz: Apple Proves You Should Not Trust Pundits a/k/a Analysts (video above)

domain name: apple.com

see for cross-reference:
Domain Mondo | New gTLD Domains, Market Forecasts, Analysts, Monkeys"One of the collective fallacies our culture operates under is the delusion that the market is some kind of astute forecasting machine. It is not — it represents the collective wisdom of 10 million panicked monkeys. That millions of slightly clever, pants wearing primates can combine their collective ignorance, their intellectual foibles, biases and false beliefs somehow into something resembling intelligence was one of the false beliefs of the era. Unfortunately, this is a condition the monkeys are prone towards....”--Barry Ritholtz (emphasis added)

and for further reference re: new gTLD domain names--

"... Second most surprising [in 2014] was the slower uptake of new gTLD SLD's [new generic top-level domain names]... we were surprised that the consuming public and other registrars were not standing there eagerly to take the baton and run forward with the same zeal that it took us to get that baton to them... " -- Frank Schilling (emphasis added; source: dnjournal.com)

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