Q. Is there a difference between bond economists and equity economists?
Ans. I doubt it. At least I suspect that would be the case if you did an empirical study of the question.
Having said that, why do I feel that bond economists tend to be more pessimistic and equity economists tend to be more optimistic?
Much, no doubt, has to do with the markets they are speaking to. We all want to hear, what we want to hear.
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