Barry Ritholtz, Columnist

Bill McBride and the Case for Facts

This economics blogger got a lot of things right.

September 6, 2016 at 2:14 PM UTC

Barry Ritholtz is a former Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”

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This week on Masters in Business podcast I chat with Bill McBride of Calculated Risk, widely regarded as one of the best economics blogs.

McBride was famously right -- in public, in print and in real time -- about the impending housing collapse in 2006, the financial meltdown in 2008, the economic rebound in 2009 and the housing recovery in 2010. In our discussion, we talked about how the Calculated Risk blog developed, why it is data- and fact-driven, and why he so rarely offers his own opinions on anything economic. The site is a counterweight to blogs such as Zero Hedge and others that insist that economic data is faked or manipulated.