Tag Archives: Vice-Chairman

BetFair accurately predicted the direction of the interest rate change, but was too shy in its prediction of the amplitude of the interest rate change.

BetFair predicted: -0,25 The Fed decided: -0.50 That’s for the absolute accuracy. Now, what counts is the relative accuracy —the comparison between the prediction made by BetFair and the predictions made by the financial markets experts. I see that the … Continue reading

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BetFair predicts: US Federal Funds Rate = 5%

What will be the change in US Federal Funds Rate at this month’s scheduled Federal Open Market Committee (FOMC) meeting? FOMC – September FOMC Current Rate 5.25% . – 0.25 UPDATE: BetFair accurately predicted the direction of the interest rate … Continue reading

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My Currency lets wisdom of the crowds estimate real estate prices.

VentureBeat: [My Currency] lets people participate, and encourages them to estimate the value of homes for sale. If a home is selling for $500,000, and you think it is worth less, you get points if it is sold for less. … Continue reading

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