2min chapter

The Knowledge Project with Shane Parrish cover image

#47 Adam Robinson: Winning at the Great Game (Part 1)

The Knowledge Project with Shane Parrish

CHAPTER

Metal Traders Are Always Wrong About Interest Rates

Adam Sobel: Economists are literally always wrong about the direction of intrust rates. He says metal traders have not been wrong once in the last 18 years this century, either to the upside or the downside. Sobel: Central bankers are worse than that; they don't rely on economists for their input.

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