Fed Model - Criticism

Criticism

Criticism on the Fed model has been harsh, and a number of papers with creative titles were published by academia such as "The fed model: The bad, the worse, and the ugly" and "Fight the FED model". Academics have concluded that the model is inconsistent with rational valuation of the stock market.

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Famous quotes containing the word criticism:

    “... criticism ... makes very little dent upon me, unless I think there is some real justification and something should be done.”
    —Eleanor Roosevelt (1884–1962)

    “As far as criticism is concerned, we don’t resent that unless it is absolutely biased, as it is in most cases.”
    —John Vorster (1915–1983)