Project Syndicate: Forecasting Outcomes and Business Genius

project syndicate: Project Syndicate Speculative markets have always been vulnerable to illusion, according to Market Watch. But seeing the folly in markets provides no clear advantage in forecasting outcomes, because changes in the force of the illusion are difficult to predict. NEW HAVEN, Conn. In the United States, two illusions have been important recently in financial markets. The other is a naturally occurring illusion the proximity of Dow 20,000. One is the carefully nurtured perception that President-elect Donald Trump is a business genius who can apply his deal-making skills to make America great again. (news.financializer.com). As reported in the news.