Why The Rosy Forecasts For The Current Quarter Are Garbage!
Saturday, July 16, 2011. 11:30 a.m. In spite of four months of worsening economic reports that have invariably come in significantly worse than their forecasts, economists have lowered their current quarter and 2nd half forecasts only fractionally. But they’ve been well behind reality all year and remain there. Early in the year they forecast that [...]