Recessions. Markets. Risk.

Investment offices teem with daily data releases and economic news bites. Afternoon market round-ups attribute the day’s movements to whatever data points best fit the narrative of the day or week. Investors crave the narrative, eagerly awaiting the next market moving release. Lately financial news has inundated us with talk of global slowdowns, trade wars, [...]

Turbulence Forecasting for Pilots and Financial Advisors

I'm learning to fly, but I ain't got wings I recently spoke with a pilot about how he obtains and handles the forecasts for in-flight turbulence in advance of a flight.  Before each flight, he gets a fairly precise report of weather along the route and something called a turbulence plot, which is based on [...]

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