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Podcast: Lykken on Lending
Episode: Modelers Will Make "A Mistake" - Macro Market Update by Les Parker
Description: 12-30-2025 Even Modelers Will Make "A Mistake"---------------------They’re gonna make a mistakeThey’re gonna do it on purposeDoes it waste our time?We all make mistakes. Modelers intentionally make mistakes to test scenarios and reveal truths not shown in official government statistics. Alternative data and models highlight the value of learning through trial and error and transparency.The absence of the government spoon-feeding the Fed revealed the shadow modelers to a broader audience. They can gain insight...