CNN Smerconish June 4, 2024 14:25:00
Know a little something? >> i think that markets are very predictive of future events, whether it's the price of oil a year from now or how many hurricanes there are going to be. ma markets are very effective. it's not perfect. but vastly outperforms public president bush polling. polling is great if you want to understand why people feel the way they do. but it's not so good in terms of forecasting future events. markets generally beat polling for accuracy consistently. and that's why there are more than 100 universities using the trading data to understand what makes for a super forecaster w...