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I still maintain that nearly all Wall Street analysts and many executives are absolutely not worth their salaries .... nor does accrued wealth automatically indicate competence or wisdom. Market & economic chaos was publicly declared a YEAR AGO by one of the presidential candidates but all they heard were "yippee -- more tax cuts!"
Remember, Wall Street is the same industry that invented the phrase "past performance is not a guarantee of future success" for its products. Tells you all you need to know...
I didn't think Rampell had it in her to write a column like that. I'd be surprised if it hasn't shaken up whatever editorial review there is for columnists at WaPo.
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https://en.wikipedia.org/wiki/The_Emperor's_New_Clothes
I still maintain that nearly all Wall Street analysts and many executives are absolutely not worth their salaries .... nor does accrued wealth automatically indicate competence or wisdom. Market & economic chaos was publicly declared a YEAR AGO by one of the presidential candidates but all they heard were "yippee -- more tax cuts!"
Remember, Wall Street is the same industry that invented the phrase "past performance is not a guarantee of future success" for its products. Tells you all you need to know...