Economist Michael Spence won the Nobel Prize for his theory of signaling. In this short video from Big Think, he explains how it’s applicable to someone trying to win over a love interest:
AUTHOR
Mick Weinstein
380 postsYou may also like
Tech stocks are hot, while energy issues rebound
The UST yield curve has been inverted, but there is speculation about when it will “un” invert and move out of negative territory. The potential for Fed rate cuts could impact the timing of the yield curve moving out of negative territory, with the UST 2-Year/10-Year spread potentially being the first to do so.
Economically, the major implication is in the energy markets. Lower energy prices are a good thing for many countries and for the global economy. The utility industry needs power generation capabilities after all.
The big rally in Google shares while Facebook languishes says something positive about the stock market: It’s one sign that we’re not near a bubble.