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  • Do old forecasting tools still work?

    “If you can’t forecast well, forecast often,” is a well worn adage for people in markets and for economists. The adage has been - somewhat cruelly - referenced to former US Federal Reserve chairman, , Alan Greenspan, who’s forecasting record was less than prescient. He did however forecast often. In the public arena bank economists are paraded out each month to make forecasts on interest rates, inflation, unemployment.

    Written by Morris Kaplan17 Aug. 10 10:55

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