Randomness Wins the Nobel

Oct 16th 2019 Dear InvestingChannel Reader, With the announcement of this year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel (colloquially known as the Nobel Prize in Economics), we wanted to focus today’s newsletter on economics: whether it be research, theory or indicators. Today we are featuring analysis and commentary on the following: - [SPONSORED LINK: Something Big is Happening in America… and Almost No One is Paying Attention.]( - [NOBEL Prize and the Limits of Experimentalism]( - [The Relationship Between The Housing Market and Recession Risk]( - [Facebook’s Libra Woes Continue]( - [Amazon’s Supercharged Delivery Machine]( - [Crypto Corner: Bitcoin Dollar Transaction Volume Falling]( [Special Free Report - 3 Stocks Are Poised to Go Up]( Our AI Algorithm has detected 3 stocks which have more than 70% probability to go up after Earnings Announcements. [Click Here and Get Your FREE Report Now]( Sponsored by StockEarnings.com Economist Peter Dorman takes to Angry Bear to note the limits of the experimental design program that won a team of three economists the Nobel Prize in Economics this week. Dorman emphasizes that by their nature, effective randomized trials may fail to recognize larger structural shifts that may be necessary for effective poverty alleviation. [A Nobel for the Randomistas]( [(Angry Bear)]( On balance, I think it’s fine that this prize honors experimentalism, but we shouldn’t lose sight of the larger picture. Using experimental methods to incorporate more learning in program administration should be standard practice; perhaps some day it will be. But the big problems in poverty and oppression are too complex and encompassing to be reduced to experimental bits, and there is no substitute for theoretical analysis and a willingness to take chances with large-scale collective. [Click here to read more.]( Analyst Bill Mcbride provides a fascinating analysis of the relationship between new home sales and recession risk in the United States economy. [Housing and Recessions]( [(Calculated Risk)]( The purpose of this graph is to show that these three indicators generally reach peaks and troughs together. Note that Residential Investment is quarterly and single-family starts and new home sales are monthly. [Click here to read more.]( [Free OIC Webinar – Oct. 23]( Front to back, enjoy a holistic overview of options from OIC’s instructors. [Register Now]( Sponsored by The Options Industry Council Market commentator Avi Eberstein recaps recent partnership exits from Facebook’s Libra cryptocurrency plan. Eberstein surfaces evidence that failures in the Libra partnership might be an early signal of other issues for Facebook. [Could Libra Be Facebook’s Downfall (FB)?]( [(Wall Street Pit)]( Whether Libra will blossom into a unicorn, or be Facebook’s downfall, as some analysts, including University of British Columbia professor and fintech expert Marc-David Seidel, have suggested, remains to be seen. In the meantime, Facebook CEO Mark Zuckerberg is set to testify on the security at an Oct. 23 hearing before the US Congress. [Click here to read more.]( [How Amazon Can Deliver $1 Items Overnight For Free]( by [Benzinga]( Because Amazon's fulfillment centers can be found all across the U.S., the company can rely on its own transportation to deliver these goods across the final mile, which is the most costly and time-consuming aspect of the shipping process. [Read more.]( [Unbelievable World War 2 Photo SHOCKS Americans]( Sponsored by [NHS News]( Hitler’s Scientists Kept THIS Secret for Over 70+ years! [Click here to find out what it was.]( [The Dollar Value Of Bitcoin Transactions Is Falling]( by [Benzinga]( Bitcoin transaction volume peaked at over $4.6 billion during the bitcoin bubble in December 2017. That daily transaction value dropped below $1 billion in March of 2018 and mostly stayed below $1 billion throughout 2018 and early 2019. Transaction value broke above $1 billion in May and stayed above that threshold in the months that followed until finally falling below $1 billion earlier this month. [Read more.]( Copyright 2019, Investing Channel, All Rights Reserved | [Privacy Policy]( [InvestingChannel, Inc.]( P.O. Box 118 New York, NY 10018. To unsubscribe, [click here]( [Link](