EconChick
Gold Member
- Feb 15, 2014
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- #161
EconChick, as an expert on stock markets and economics, you should recognize this immediately:
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Can you tell us what it is?
Black?Scholes model - Wikipedia, the free encyclopedia
I do not believe that most people ,including economists, would be familiar with the equation......
I only know about it because of my Series 3 license test....and that was back in 1985.
And yet you remember it from way back then. That's how recognizable it is to people who have seen it.
Black-Scholes was a watershed moment in option pricing. And as I said, every trader carries a calculator around today which incorporates the model. It is well known within the world of economists.
The maths behind economics are far more complex than that ridiculous string of nonsense EconChick posted.
As for the big picture she keeps harping on about, no economist on earth would be making the amateurish mistakes she is making about the economy as a whole based on a couple of days of downturn on something as volatile and randomly walking as the stock market.
She's a total fake.
The only fake here is you, darlin. So you're a number cruncher that loves to be down in the weeds. Great. There are millions of you. That doesn't make you an economist. And it sure as hell doesn't make you a macro-economist.
You've YET to answer the signal the markets are sending.
Because you can't.