Comparing the market cap to GDP is useless because the market cap is a value on paper that is subject to trading frenzy. It represents no economic value.
Comparing the market cap to GDP is useless because the market cap is a value on paper that is subject to trading frenzy. It represents no economic value.
* Hausfather:
warming since 1970 is 0.19 C/decade, 0.29 C/decade since 2010; ergo acceleration
* You:
1. it has been 0.3 C/decade for three decades, so no acceleration
2. it is a bad idea to estimate a trend with points of opposite leverage at the start and end
* Hausfather:
warming since 1970 is 0.19 C/decade, 0.29 C/decade since 2010; ergo acceleration
* You:
1. it has been 0.3 C/decade for three decades, so no acceleration
2. it is a bad idea to estimate a trend with points of opposite leverage at the start and end