View more on these topics

Analytical disorder grips the market

Evidence of compulsive predictive fallacy syndrome – otherwise known as CPFS – is growing, possibly in response to analysts suffering from post-credit crunch stress disorder (PCCSD).

The classic symptom of CPFS is an overwhelming compulsion to produce complicated predictions and forecasts, possibly to compensate for having completely failed to see the credit crunch coming in the first place.

One terrifying example is a forecast by compliance specialist Complinet which states that economic Armageddon will strike in 2015. Well, that’s not exactly its view but the opinion of 77% of the “world’s senior banking and compliance officers” polled by the company.

Recommended

Signs of hope for landlord clients

This is a good time for lenders to support the increasingly confident buy-to-let sector if they have access to funding, says David Brown, commercial director at LSL Property Services

High-pressure SARB sales tactics face ban

The Financial Services Authority is to ban cold-calling and high-pressure sales echniques in the sale-and-rent-back market under guidelines to be introduced on June 30. The FSA has adopted a two-stage approach to regulating the SARB market. It implemented an interim regime in July 2009 and the second tier of regulation will come into force in […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]

Newsletter

News and expert analysis straight to your inbox

Sign up