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0.00192307692307693 0.00123626373626378 0.00177747252747258 0.00659340659340665 0.00961538461538465 0.00714285714285728 0.00494505494505494 -0.00412087912087908
Stock impact report

Economists haven’t throw out the models yet (but they will) [TechCrunch Blog]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: TechCrunch Blog
There are manyHumans are used to confronting the extreme complexity of our modern world with some mélange of data, modeling, heuristics, and “gut instinct.” We can’t know everything about everything, and so we have to truncate our perspective to order the chaos before us. In linear times, that process actually (mostly) works — the economy generally trends one way, and while models and instincts can be a bit off, they are fairly robust to reality.The novel coronavirus presents us with a novel scenario — one we have never experienced before in the modern, globalized economy. No model and no gut is up to the challenge of evaluating exactly what is going on. Every way we see the world — quite literally everything — has to be rebuilt from scratch.Take two of the most important leading indicators of economic health that were released last week in the United States: the latest unemployment insurance weekly claims which came out on Thursday, and the employment surveys for March which came out Show less Read more
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