The WSJ helpfully publishes a list of “10 Signs That Will Tell You The Credit Crunch Is Over.” Some of them are on the money. Here’s one that isn’t:
Traders stop blaming losses on so-called Black Swans — rare and unforeseeable events with a big impact — and instead accept that their own models are wrong.
When will that happen? Not in your lifetime.
Business Insider Emails & Alerts
Site highlights each day to your inbox.