Is a U.S. recession in the offing? A Russian default? The bursting of a stock market bubble?
- By Daniel Altman
- Daniel Altman teaches economics at New York University’s Stern School of Business and is chief economist of Big Think.
- January 5, 2015

Like many economists, I think timing the market is a pretty hopeless task. Buy-and-hold has been a reliable strategy for increasing wealth over the past several decades, so why waste a bunch of effort trying to predict something that, if markets are truly efficient, ought to be unpredictable? But once in a while I get a little antsy. Now is one of those times. Continue reading A Risky Year in Global Markets Is Coming →






